2019-3-13 17:15 |
The DTCC has laid out guidelines for the post-trade processing of tokenized securities, aimed at market participants and regulators.
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The country hopes to align local requirements with those proposed by international banking regulators.
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky.
The study found that banks mostly held volatile cryptocurrencies and had little exposure to stablecoins.
The top cryptocurrency hit a high of $38,461 during the European hours, extending Wednesday's double-digit rally.
The Basel Committee on Banking Supervision has warned that the growth of cryptocurrencies poses a number of risks to banks.