According to PANews, the Basel Committee has given its approval for a risk disclosure framework and capital standards for bank cryptocurrency assets. This decision was reported by Jinshi. The market news indicates that the committee's approval will set a new standard for banks dealing with cryptocurrency assets. This move is seen as a significant step towards the integration of cryptocurrencies into the mainstream financial system. The risk disclosure framework and capital standards will provide a guideline for banks to manage the potential risks associated with cryptocurrency assets. The Basel Committee's decision is expected to bring more transparency and stability to the cryptocurrency market.
Basel Committee Approves Risk Disclosure Framework and Capital Standards for Bank Cryptocurrency Assets
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