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CoinGape

2022-12-16 19:50:38

Just-In: Bank of International Settlements New Policy Allows Banks To Hold 2% In Crypto

Just-In: Bank of International Settlements New Policy Allows Banks To Hold 2% In Crypto

The Bank for International Settlements (BIS) has recently released its Prudential Treatment of Cryptoasset exposure report for December 2022. And as per the official statement, they have introduced a new policy that permits banks to now hold 2% of their reserves in cryptocurrencies. Increase In Crypto Reserves Following the second consultation on the prudential regulation The post Just-In: Bank of International Settlements New Policy Allows Banks To Hold 2% In Crypto appeared first on CoinGape .

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