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Federal Reserve will release a proposal for revisions to the Basel risk weighting standards

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Federal Reserve will release a proposal for revisions to the Basel risk weighting standards

This morning the Federal Reserve will release a proposal for revisions to the Basel risk weighting standards.

Bitcoin is currently treated as a toxic asset under the Basel standards. A change in the guidance would be a big win for American Bitcoiners.

BPI will be in attendance at today’s meeting. We’ll keep you updated on text of the proposal and next steps.

submitted by /u/TheresNoSecondBest
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