News/Basel Committee: Banks Should Set Aside Capital to Cover Risks from Unbacked Crypto Assets on Their Books

Basel Committee: Banks Should Set Aside Capital to Cover Risks from Unbacked Crypto Assets on Their Books

Jun 30,2022,19:47
Banks should take a conservative approach to setting aside capital to cover risks from unbacked crypto assets on their books, the global Basel Committee of banking regulators said in proposals on Thursday which now also cover blockchain.
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