🚨 THE FED MAY BE FORCED TO MODEL BITCOIN IN BANK STRESS TESTS 🏦₿
This isn’t about the Fed “endorsing” Bitcoin — it’s about risk math catching up to reality.
With U.S. banks expanding exposure to Bitcoin via custody, ETFs, derivatives, and prime-brokerage-style services, ignoring BTC in stress tests could soon undermine the credibility of the entire framework.
Pierre Rochard’s argument lands at a key moment:
• The Fed is gathering public input for its 2026 stress-test scenarios
• It’s also pushing for greater transparency in how models are built
If Bitcoin price shocks can materially impact capital or liquidity, the Fed may have no choice but to model them — just like equity crashes or credit spread blowouts.
⚠️ This would not be policy approval
⚠️ It would be technical recognition
Most likely path:
➡️ Bitcoin enters stress tests via global market shock scenarios
➡️ Applied first to banks with major trading, custody, or crypto-linked businesses
What changes then?
• Standardized crypto risk modeling
• Tighter governance & controls
• Higher data + compliance requirements
• End of “proxy-based” crypto risk assumptions
Bottom line:
Bitcoin doesn’t need permission to matter.
If it’s big enough to break balance sheets, it’s big enough to be stress-tested.
That’s not ideology — that’s system risk. 🔥
#Bitcoin #Fed #Banking #StressTests #Crypto