The Bitcoin Policy Initiative (BPI) will submit public comments to the Federal Reserve regarding the risk weight provisions for BTC under the Basel framework
The btc-42">Bitcoin Policy Institute (BPI) announced that it will submit public comments on the Federal Reserve's upcoming proposal for the Basel framework implementation, advocating for changes to the risk weight treatment of BTC within the banking regulatory system.
BPI Executive Director Conner Brown stated that BTC is classified as a high-risk asset under the Basel framework, subject to a 1,250% risk weight, higher than almost all other asset classes, and is characterized as "the most stringent classification." In contrast, the risk weights for cash, physical gold, and government bonds are all 0%. The 1,250% capital requirement means that banks must hold BTC with a 1:1 ratio of compliant collateral, significantly increasing the cost for banks to hold this asset and limiting their ability to provide financial services to BTC-related businesses.
You may also like

Key Market Information Discrepancy on March 13th - A Must-See! | Alpha Morning Report

On-Chain Options Explosion.ActionEvent

《Time》 Magazine Names Anthropic as the World's Most Disruptive Company

Predictions market gains mainstream traction in the US, Canada, Claude launches Chart Interaction feature, What's the English community talking about today?

500 Million Dollars, 12 Seconds to Zero: How an Aave Transaction Fed Ethereum's "Dark Forest" Food Chain

AI Agent needs Crypto, not Crypto needs AI

Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments

Web3 teams should stop wasting marketing budgets on the X platform

Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Key Market Intel on March 12th, how much did you miss out on?

The new center of Crypto

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

Why Does Everyone Hate AI?

Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX
