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Global banking watchdog to study capital requirements for crypto assets

From business-reporter.co.uk

Global banking regulators said on Thursday they will consider how much capital lenders should be setting aside to cover risks from any holdings of crypto assets. The Basel Committee, which includes banking regulators from the United States, Europe and Japan, said it had agreed to publish a discussion paper on the prudential treatment ofcrypto assets - digital assets like bitcoin that are not linked to any physical asset. "The Committee reiterated its view that the prudential treatment of banks’ crypto asset exposures should appropriately reflect the high degree of risk of crypto assets," the committee said in a ... (full story)

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