Basel proposes crypto disclosures by banks from January 2025

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Global banking regulators on Tuesday proposed a standardised format for major banks to disclose their holdings of cryptoassets from January 2025 to support '...

LONDON - Global banking regulators on Tuesday proposed a standardised format for major banks to disclose their holdings of cryptoassets from January 2025 to support "market discipline" by giving a complete picture to investors.

Banks would also be required to provide details of the accounting classifications of their exposures to cryptoassets and crypto liabilities, it said.'Money destroys families': Kevin O'Leary shares his hard-and-fast rule about lending cash to loved ones — here are 3 paths to financial freedom Want a stellar long-term investment you can buy and hold for a decade? Keep your eye on the prize as this stock offers all that and more.

Default risks loom for nearly $2 trillion of junk-rated debt as US companies hit with higher interest rates

 

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