The initial December report separated its criteria for the treatment of crypto into two groups. Group one cryptos would meet the full set of classification conditions and would be subject to capital requirements. Group two cryptocurrencies that do not meet classification conditions, and so needs newly prescribed capital treatment.
Policymakers Are Back at Consensus 2024
Consensus, CoinDesk's annual conference, kicks off next Wednesday in Austin, Texas. We'll have a number of policymakers and industry participants...