/biz/ - Business & Finance

>>50098936
no lol..
have you not seen this
https://www.bis.org/bcbs/publ/d533.pdf
>Banks will be "only" allowed to invest up to 1% of Tier 1 capital in "Group 2" cryptoassets.
>Group 2 crypto assets are defined as pretty much any crypto that is not a) A tokenised regular asset, b) A particular limited class of "proven" stablecoin.

The only token that is potentially unfucked is LINK since it will likely be used to track the tokenised regular assets.
For example, banks will only be allowed to hold 1% of btc. Now given how shit most alts are compared to btc, you can pretty much kiss institutional investing goodbye.

>https://www.bis.org/bcbs/publ/d533.pdf
Banks will be "only" allowed to invest up to 1% of Tier 1 capital in "Group 2" cryptoassets.
Group 2 crypto assets are defined as pretty much any crypto that is not a) A tokenised regular asset, b) A particular limited class of "proven" stablecoin.