BTC Treasury Executives Demand Reform in Basel III Weighting
BTC Treasury Executives Demand Reform in Basel III Weighting Quick read below — save or share if useful. Calling for Reform: BTC Treasury Executives Target Basel III's Risk Weight Bitcoin treasury executives are calling for a significant reform of the 1,250% risk weight assigned to cryptocurrency assets under the Basel III banking framework. This weight far exceeds that of other risky assets, such as private equity, which carries a 400% risk weight. The discrepancy in risk weights has drawn criticism from the crypto community, with many advocating for a more balanced and fair approach. Basel III, which was introduced as a set of international banking regulations following the global financial crisis of 2008, aims to strengthen the stability of the financial system by imposing stricter capital requirements on banks. However, the current risk weight assigned to Bitcoin and other cryptocurrencies has raised concerns among industry professionals, who argue that it does ...
