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Basel Committee Offers More Clarity To Banks Seeking Crypto Exposure


In a move that could lead to new requirements being imposed on banks that deal with cryptoassets, the Basel Committee on Banking Supervision (BCBS) has issued a proposal to limit such banks’ crypto exposure by applying new credit and market risk requirements. “Cryptoassets have given rise to...

Charles Schwab Survey: Young UK Investors Prefer Cryptocurrencies to Stocks


Major U.S. financial group Charles Schwab has conducted a survey and found that young British investors are twice as likely to buy cryptocurrencies, such as bitcoin, as they are to buy stocks. The company says it is watching the crypto space closely but needs “additional clarity from...

New Law in Germany Embraces All-Electronic and Blockchain Crypto Securities


The German government has passed new legislation to introduce all-electronic securities as part of the country’s wider blockchain strategy. According to the country’s finance ministry, the new law relaxes rules forcing issuers and holders of securities to document transactions with...

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