Basel Committee consults on prudential treatment of cryptoasset exposures

Basel Committee consults on prudential treatment of cryptoasset exposures

Basel Committee consults on prudential treatment of cryptoasset exposures

Press release | 10 June 2021Basel Committee issues public consultation on preliminary proposals for the prudential treatment of banks' cryptoasset exposures.The proposals split cryptoassets into two broad groups: those eligible for treatment under the existing Basel Framework with some modifications; and others, such as bitcoin, are subject to a new conservative prudential treatment.

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