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Category: Tier 1 capital

Basel Committee wants to limit banks’ digital asset exposure to just 1% of equity

On Thursday, the Basel Committee on Banking Supervision suggested during its second consultation on the prudential treatment of crypto-asset exposures that banks limit their exposure to so-called Group 2 crypto assets to just 1% of their Tier 1 capital.  Group 1 digital assets consist of tokenized traditional assets, such as synthetic…