FINMA is advising a conservative approach to crypto-investment, telling banks to put plenty aside to offset potential losses. The influential Swiss Financial Markets Authority (FINMA) is reportedly advising banks under its regulation that cryptocurrency assets should be risk weighted at eight times their market value when it comes to calculating their capital buffers. Such risk […]The post Influential Swiss regulator places high-risk rating on banks’ crypto bags appeared first on CryptoNewsReview.
