Fed Urged to Rethink Bitcoin's Risk Weight
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Bitcoin Policy Institute urges the US Federal Reserve to reconsider Bitcoins risk weighting in new bank rules. Currently, Bitcoin is assigned a one thousand two hundred fifty percent risk weight, far higher than cash, gold, or government bonds. This setup forces banks to match every dollar of Bitcoin with collateral one-to-one, increasing costs and limiting services for Bitcoin users and firms. The institute plans to submit strong public comments to address this issue, with the Feds full proposal expected in the coming weeks.
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