Basel Committee recommends banks limit digital assets exposure to 1% of equity

Basel Committee recommends banks limit digital asset exposure to 1% of equity

The Basel Committee on Banking Supervision recommended that banks limit their exposure to so-called Group 2 crypto assets to just 1% of their Tier 1 capital during its second consultation on the prudential regulation of crypto-asset exposures. Group 1 digital assets are either traditional assets that have been tokenized, like synthetic stocks, or those that […]