BCBS Addresses Capital Requirements for “Crypto-Assets”

BCBS Addresses Capital Requirements for “Crypto-Assets”

The BCBS consultation will likely give an indication of the banking industry’s mindset towards holding cryptoassets in the future, says Douglas Cheung at Wolters Kluwer. Earlier this year the Basel Committee on Banking Supervision (BCBS) had released a paper discussing the topic of central bank issued digital currencies (CBDCs). Adoption of CBDCs could lead to … Read more…