SenLummis: GOP Senators Seek Basel Crypto Risk Weight Overhaul
SenLummis leads Senate Republicans urging regulators to scrap Basel 1,250% digital asset risk weight for new bank crypto participation framework.
SourceAnalysis
SenLummis leads Senate Republicans urging financial regulators to scrap Basel's punitive 1,250% risk weight on digital assets and build a new capital framework that lets banks meaningfully participate in crypto markets, targeting improved digital assets regulatory changes and expanded bank crypto participation under the evolving Basel crypto framework.
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