LONDON : Global regulators said on Tuesday they will complete work by year end on how much capital banks should hold to cover cryptoassets on their books.
"Building on the feedback received by external stakeholders, the Committee plans to publish another consultation paper over the coming month, with a view to finalising the prudential treatment around the end of this year." "The principles, which will be published in the coming weeks, seek to promote a principles-based approach to improving risk management and supervisory practices to mitigate climate-related financial risks," Basel said.
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