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Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

Basel Study Shows World’s Largest Banks Are Exposed to  Billion in Crypto AssetsA first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The research paper authored by the Basel Committee’s secretariat Renzo Corrias further explains that out of all the banks’ total risk exposure, cryptocurrency exposure is estimated […]

Bitcoin Flashes Potentially Bullish Indicator Amid Crypto Market Downtick, According to Analytics Firm Santiment

$9 Billion in Bitcoin: Court Trustee Says Mt Gox Rehabilitation Plan ‘Final and Binding’

 Billion in Bitcoin: Court Trustee Says Mt Gox Rehabilitation Plan ‘Final and Binding’Mt Gox claimants may see restitution soon as a recent filing from the Tokyo District Court’s trustee Nobuaki Kobayashi explains that the rehabilitation plan is now “final and binding.” The document published on Tuesday notes that an announcement will follow that discloses the “details of the specific timing, procedures, and amount of such repayments.” Mt […]

Bitcoin Flashes Potentially Bullish Indicator Amid Crypto Market Downtick, According to Analytics Firm Santiment