4 hours ago
Cheaper Crypto Exposure? Hong Kong Banks Eye Relief Under New Capital Plan
Regulationbanking capital rulesBasel Committeecrypto regulationDigital AssetsHKMAHong KongPublic Blockchain
TLDR: Hong Kong issues draft CRP-1 to set crypto capital rules, targeting early 2026 implementation for local banks. Proposal offers lower capital charges for public blockchain assets with proper risk controls in place. Basel crypto standards guide the new framework to bring clarity and uniformity to banking supervision. Public consultation invites feedback from banks before [...]
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