An original June 2021 plan from the Basel Committee, which told banks to issue $1 in capital for each $1 of crypto they hold, drew a volley of criticism for being too conservative, effectively ruling out any incentive to get into crypto markets. A later iteration, published one year later, gave some ground to crypto fans by recognizing the impact of hedging, but also imposed a cap on total exposure to unbacked crypto assets like bitcoin.
From ‘Node Sales’ to ‘Address Poisoning,’ the Money’s in Crypto
NODES FOR SALE: It's the blockchain industry's latest innovation – not in technology, but in how to round up cash...