Strategy CEO: Basel Accord impacts bank participation in Bitcoin; the U.S. should reassess capital provisioning

MarsBitNews · 2026-02-20T05:48:38+00:00

Chief Strategy Officer Phong Le posted on X stating, "The Basel Accords impact banks' involvement in digital asset activities. The U.S. needs to reassess capital requirements and risk weights under this framework to promote becoming the 'Global Crypto Capital'."

MarsBitNews

2026-02-20 05:48:38

Abstract generation in progress

Mars Finance reports that Strategy CEO Phong Le stated on the X platform that the Basel Accords set global banking capital standards and asset risk weighting rules. These frameworks substantially impact how banks participate in digital asset-related businesses, including Bitcoin. The rules are formulated by the Basel Committee, which covers 28 jurisdictions and is composed of central banks and regulatory agencies from various countries. The United States is only one of these jurisdictions. If the US aims to become the “global crypto capital,” it is necessary to re-evaluate the approach to capital provisioning and risk weights under the Basel framework.

BTC1,51%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes