Crypto Treasury Execs Say Basel Risk Weights for Crypto Need Updating

Strategy CEO Calls for Rethink of Basel’s 1,250% Bitcoin Risk Capital Treatment - Invest In Crypto News

U.S. banking rules on bitcoin face mounting scrutiny as Strategy CEO Phong Le urges regulators to revisit Basel capital standards, warning current risk weights could hinder America’s ambitions to lead the global digital asset market. Strategy CEO Warns 1,250% Bitcoin Treatment by Basel Could Undermine America’s Crypto Ambitions Strategy (Nasdaq: MSTR) CEO Phong Le shared […] Source link The post Strategy CEO Calls for Rethink of Basel’s 1,250% B…

Strategy CEO Calls for Rethink of Basel’s 1,250% Bitcoin Risk Capital Treatment

Strategy CEO Calls for Rethink of Basel’s 1,250% Bitcoin Risk Capital Treatment Strategy CEO Calls for Rethink of Basel’s 1,250% Bitcoin Risk Capital …

Crypto Managers Are Forcing a Revision of Basel III BTC Risk

The post Crypto Managers Are Forcing a Revision of Basel III BTC Risk appeared on BitcoinEthereumNews.com. Crypto treasury managers are calling on the international banking regulatory body Basel Committee on Banking Supervision (BCBS) to revise the 1,250% risk weight applied to Bitcoin (BTC) and other cryptocurrencies under the Basel III framework. This requirement forces banks to back BTC on their balance sheets with approved collateral at a 1:…

Crypto Treasury Execs Say Basel Risk Weights for Crypto Need Updating

Crypto industry executives are calling for reform of the current capital requirement rules and risk weightings for crypto under the Basel III regulations.