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TOKYO — For the primary time ever, banks can be required to comply with worldwide rules concerning the possession of cryptocurrencies to higher safeguard the trade towards the risky belongings.
The Basel Committee on Banking Supervision, the Switzerland-based international discussion board for crafting trade guidelines, is poised to instruct lenders to put aside capital that matches the worth of sure cryptocurrencies of their holdings. The brand new directives are to be finalized by the top of the month.
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