Basel crypto rules: bad for traders, good for risk managers?

Practitioners divided over potential bank capital treatment for assets with no intrinsic value

Jamie Dimon is no fan of bitcoin. Just last month, the JP Morgan chief executive described the cryptocurrency as “worthless”.

And judging by its proposal to assign a 1,250% risk weighting to crypto currencies such as bitcoin and ether, it’s an opinion shared by the Basel Committee on Banking Supervision. But with several of JPM’s peers in the banking industry eyeing moves into the crypto trading space, it’s a divided field – and Basel will likely encounter some opposition as it mulls its next

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here