Banks Must Disclose Crypto Exposures, Global Regulator Basel Committee Says

Under the proposals, which would take effect in 2025, โ€œbanks would be required to disclose qualitative information on their activities related to cryptoassets and quantitative information on exposures to cryptoassets and the related capital and liquidity requirements,โ€ said the committee, which is linked to the Bank for International Settlements, a network of central banks based in Basel, Switzerland.

Source

CryptoX Portal

Spread the love

Related posts

Leave a Comment