Basel Committee presses on with restrictive requirements for banks’ crypto holdings By Cointelegraph

Jun 1, 2022


Basel Committee presses on with restrictive necessities for banks’ crypto holdings

The Basel Committee on Banking Supervision met Friday and mentioned cryptocurrency, amongst different subjects. The committee said that it will quickly publish its second consultative paper with the intention of finalizing pointers on the prudential therapy of crypto publicity by banks by year-end.

In a Tuesday press launch, the committee issued the next assertion, which was seemingly in reference to the latest collapse of the ecosystem: