Senate Republicans push finance watchdogs to clarify crypto capital rules

Senator Cynthia Lummis has led a group of lawmakers urging financial regulators for “fair capital treatment for on-balance sheet treatment of digital assets.”

Source: cointelegraph.com

Expert opinions (1)

• Anton Erpulev, CEO & Co-Founder at PowerSun Market: Capital requirements for on-balance sheet crypto holdings remain one of the most underrated blockers to institutional adoption. Senator Lummis pushing for clarity here matters more than most people realize. I've watched banks and traditional financial institutions struggle with this exact issue…