Friday , November 16 2018
Home / FT Alphaville / Capitalising crypto

Capitalising crypto

The Swiss Financial Market Supervisory Authority (FINMA) is, according to this story from, advising banks and dealers that crypto-assets should be assigned a flat risk-weighting of 800 per cent.We got in touch with FINMA, which said:“We are working at international level in the Basel Committee on the development of an international standard.”It added that it will “look again at this calibration when an international consensus is reached in Basel”.Risk-weightings are co-ordinated by the Basel Committee, an international forum for central banks, which is set to meet in late November. They are used to calculate the amount of capital a bank needs in relation to the composition of its assets. Some assets, such as sovereign debt, have a zero risk-weight, meaning they theoretically

FT Alphaville considers the following as important:

This could be interesting, too:

Paul Krugman writes Why Was Trump’s Tax Cut a Fizzle?

[email protected] (Cyril Morong) writes Pre-market societies could sometimes have alot of violence

Menzie Chinn writes Wisconsin Employment Declines, Previous Revised Down

Mark Thoma writes Links (11/15/18)

The Swiss Financial Market Supervisory Authority (FINMA) is, according to

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *