Senator Cynthia Lummis is leading a group of lawmakers calling on financial regulators to provide fair capital treatment for digital assets held on balance sheets. The push seeks clearer rules for how banks and other firms account for crypto holdings.
Senator Cynthia Lummis is leading a group of lawmakers calling on financial regulators to provide fair capital treatment for digital assets held on balance sheets. The push seeks clearer rules for how banks and other firms account for crypto holdings.
The lawmakers are pressing watchdogs to provide clearer guidance for firms that hold digital assets directly on their balance sheets. Their request centers on how regulators assess capital requirements for these holdings.
Senator Cynthia Lummis is leading a group of lawmakers urging financial regulators to clarify how crypto assets should be treated under capital rules. The effort calls for “fair capital treatment for on-balance sheet treatment of digital assets.”
The lawmakers are pressing watchdogs to provide clearer guidance for firms that hold digital assets directly on their balance sheets. Their request centers on how regulators assess capital requirements for these holdings.
The appeal adds to broader calls from lawmakers and industry participants for more defined regulatory treatment of crypto assets within the financial system. The group argues that clearer rules would help establish more consistent treatment across regulated institutions.
Keep exploring
Bitget plans to exit the Japanese market and close all remaining positions by the end of the year. The move adds to ongoing shifts among crypto companies navigating Japan’s regulatory environment.
Read
CoinDesk’s State of Crypto coverage counts down recent developments shaping the crypto policy and market landscape. The report frames these changes as important for how companies and participants navigate the sector.
Read
Strategy said it is holding the dividend on its STRC preferred stock at 12%. The decision keeps the payout unchanged for investors in the company’s yield-focused security.
Read