Techub News: Strategy CEO Phong Le tweeted that the Basel Accords set global banking capital standards and asset risk weighting rules, which have a substantial impact on how banks participate in digital asset trading, including Bitcoin. These frameworks are developed by the Basel Committee, which covers 28 jurisdictions and is composed of central banks and regulatory agencies from various countries. The United States is only one of these jurisdictions. If the US aims to become the "Global Cryptocurrency Capital," it is necessary to carefully evaluate the methods of capital provisioning and risk weighting under the Basel framework.

BTC1,05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)