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Bitcoin Advocate Demands Clear Capital Rules in Basel III Framework

From moneycheck.com

Pierre Rochard has voiced significant concerns regarding the absence of Bitcoin-specific provisions in updated US banking capital regulations. His commentary underscores the regulatory vacuum surrounding digital asset treatment under revised Basel standards. This oversight creates substantial challenges for financial institutions attempting to navigate capital compliance requirements. Rochard delivered comprehensive feedback to federal banking authorities concerning inadequacies in the Basel III capital framework revision. His analysis reveals that current regulatory proposals provide no explicit guidance on ... (full story)

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  • Category: Fundamental Analysis