Connect with us

Business

Bitcoin, Other Crypto Assets Targeted for Stiff Banking Regulation – The Wall Street Journal

Proposal would require banks dealing in some crypto assets to hold substantial buffers in case of losses

Published

on

Article feature image
ADVERTISEMENT

The top global standard setter for banking regulation proposed a strict new rule that would require banks to essentially set aside a dollar in capital for every dollar of bitcoin they own.
The Basel Committee for Banking Supervision, a group of global central…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Gas stations empty as driver shortage delays deliveries – KOAA.com Colorado Springs and Pueblo News
Article feature image
2022 Toyota Tundra TRD Pro Shown in Official Photo After Earlier Leaks – The Drive
Article feature image
Jim Cramer says the ‘Ark Invest phenomenon’ appears to be over for now – CNBC