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The Basel Accords set global bank capital standards and risk-weighting rules for assets. These frameworks materially shape how banks engage with digital assets, including bitcoin.
They are developed by the Basel Committee of central banks and regulators across 28 jurisdictions — the US is just one.
If the US wants to be the Crypto Capital of the World, our implementation of Basel capital treatment deserves careful review.
Jeff Walton@PunterJeff
Basel III Risk weights for assets: Gold: 0% Public equity: 300% Bitcoin: 1,250% If the US wants to be the “crypto capitol” of the world, the banking regulations need to change. Risk is mispriced
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