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    Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets

    • Post author:MiamiCrypto
    • Post published:December 19, 2022
    • Post category:Bank of Spain/basel committee/Cryptocurrency/Exposure/Hedging/Pablo Hernández de Cos/Regulation/Stablecoins/Tier 1 capital

    The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypto asset…

    Continue ReadingBasel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets

    Basel Committee wants to limit banks’ digital asset exposure to just 1% of equity

    • Post author:MiamiCrypto
    • Post published:June 30, 2022
    • Post category:Basel/BCBS/Cryptocurrencies/Tier 1 capital

    Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium.

    Continue ReadingBasel Committee wants to limit banks’ digital asset exposure to just 1% of equity
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