Tag: basel

Basel Commission Says Banks Should Have Sufficient Cash to Cover Bitcoin Loss

The Basel Banking Supervisory Board (BCBS) has suggested that banks should prepare enough funds to fully compensate for their losses in Bitcoin holdings, a “conservative” measure that could prevent major banks from using Bitcoin on a large scale. This was reported on the 10th (local time) by YouTube. Therefore, Switzerland-based BCBS has placed Bitcoin in ….  Read More