Global Business Network
The Basel Committee on Banking Supervision (BCBS) issued a consultation paper on the prudential treatment of banks’ cryptoasset exposures on June 10, in a bid to provide banks with a regulatory framework to deal with the fast-developing asset class. The move comes as policy-makers around the world take steps to control the largely unregulated market. China … Read more
The Basel Committee on Banking Supervision (BCBS) issued a consultation paper on the prudential treatment of banks’ cryptoasset exposures on June 10, in a bid to provide banks with a regulatory framework to deal with the fast-developing asset class. The move comes as policy-makers around the world take steps to control the largely unregulated market. China … Read more
Critics say proposed minimum capital requirements will disadvantage EU banks and hamper eurozone’s recovery from Covid-19. Source link
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