Outdated bank rules may keep crypto outside the banks now allowed to hold it

Banks across the US, the UK, and Europe finally have a legal path to issue stablecoins, custody Bitcoin, and settle tokenized funds, yet the capital rulebook that governs it all still treats a Bitcoin position as something close to a guaranteed loss. Under… Banks across the US, the UK, and Europe finally have a legal path to issue stablecoins, custody Bitcoin, and settle tokenized funds, yet the capital rulebook that governs it all still treats a Bitcoin position as something close to a guaranteed loss. Under the Basel Committee's cryptoasset standard, which has been live in member jurisdictions since January 1, […] The post Outdated bank rules may keep crypto outside the banks now allowed to hold it appeared first on CryptoSlate.