The Basel Committee on Banking Supervision which is a regulatory body that recommends how much capital a bank needs to hold, is proposing that crypto currencies such as bitcoin, ethereum and the like carry risk weights of 1,250%. This is because these crypto currencies are not backed by assets such as a corporate bond, property or other assets. As such, it would be almost punitive for banks to hold these cryptocurrencies as assets.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply