CLC Cryptolist Club logo CLC Cryptolist Club logo
TheBlock 2021-06-10 14:19:44

Basel Committee proposes strict capital requirements for banks with bitcoin exposure

The Basel Committee for Banking Supervision, the global standards body for bank regulation, published a consultation on Thursday that, if ultimately put into effect, would impose strict capital requirements for banks that have exposure to bitcoin and other cryptocurrencies.The post Basel Committee proposes strict capital requirements for banks with bitcoin exposure appeared first on The Block.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.