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BIS: Major Banks to Disclose Crypto Holdings from 2025

BIS: Major Banks to Disclose Crypto Holdings from 2025
The global banking regulators have taken a significant step towards increasing transparency in the financial sector. The Basel Committee, comprising banking regulators from major global financial hubs, has introduced a proposal to enforce standardized disclosure of crypto assets by major banks starting in January 2025. This move aims to bolster "market discipline" by offering investors a comprehensive view of banks' crypto holdings and activities. The Basel Committee, one of the Bank for Interna... Read More
Posted: Oct 17 2023, 14:25
Author Name: financemagnates
Views: 092079

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