Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets

DIGIT — Mon, 19 Dec 2022 15:30:48 +0000

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 classes, including tokenized real assets and stablecoins in one, and other cryptocurrencies in another, discriminating on the collateral and quantity that banks might hold for […]

Go to Source

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

DIGIT — Thu, 30 Jun 2022 15:04:15 +0000

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

Go to Source

Tier 1 capital – DIGIT INFO

Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets

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