Swiss Regulator Imposes 800% Risk Weighting for Bank Crypto Trading

ccn

Swiss Regulator Imposes 800% Risk Weighting for Bank Crypto Trading
The Swiss Financial Market Supervisory Authority (FINMA) has instructed banks dealing in cryptoassets to apply a risk weighting of eight times their market value  when calculating loss-absorbing capital buffers. In a confidential letter seen by swissinfo.ch, the regulator also imposed a 4 percent cap on crypto positions as a percentage of total capital held by banks,The post Swiss Regulator Imposes 800% Risk Weighting for Bank Crypto Trading appeared first on CCN For Further Information Click on Below Button
Show More

Comments