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Basel Committee Finalizes New Standards, Allows Central Banks To Hold Crypto In Reserves
Thursday, December 14, 2023 - 10:12am | 386The Basel Committee on Banking Supervision has finalized a new standard for the treatment of banks' exposures to crypto assets. What Happened: Central Banks can now hold up to 2% of their reserves in cryptocurrencies. The Committee's decision comes after consultations and deliberations...