Canadian Regulator Seeks Feedback on Disclosure Rules for Bank Crypto Exposures
Submitted by Anonymous (not verified) on Tue, 11/21/2023 - 11:40The country hopes to align local requirements with those proposed by international banking regulators.
The country hopes to align local requirements with those proposed by international banking regulators.
The country hopes to align local requirements with those proposed by international banking regulators.
Introducing a groundbreaking proposal, the Basel Committee, consisting of banking regulators from major global financial hubs, has mandated standar
The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said
The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said
The Basel Committee on Banking Supervision previously recommended swingeing capital constraints on holdings of unbacked cryptocurrency
The Basel Committee on Banking Supervision previously recommended swingeing capital constraints on holdings of unbacked cryptocurrency
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky.
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