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This is Bank of England’s plan to clamp down on banks’ exposure to crypto-assets

This is Bank of England’s plan to clamp down on banks’ exposure to crypto-assets


AMB Crypto
2021-09-25 00:30:15

It hasn’t been long since the Basel Committee commented on crypto-regulations by laying down some amendments. As per the same, it assigned a 1,250% risk weight to Bitcoin – Imposing upon banks the obligation to hold a dollar in capital for each dollar of exposure to the crypto. Needless to say, it elicited a mixed […]


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