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2018-11-07 05:30:24

Swiss Financial Regulator Recommends High Crypto Risk Coverage

Crypto-assets should be assigned a flat risk weight of 800% – Swiss financial watchdog, FINMA, has been advising financial institutions. FINMA Sets Tough Restrictions The Swiss Financial Market Supervisory Authority (FINMA), has yet to take an official stand on how crypto-assets should be merged into Basel III capital requirements. However, it was reported earlier by...The post Swiss Financial Regulator Recommends High Crypto Risk Coverage appeared first on Live Bitcoin News.