Luke Sully News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Luke sully. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Luke Sully Today - Breaking & Trending Today

What tougher rules for banks holding cryptocurrencies could mean for investors


© Nicolas Economou/NurPhoto via Getty Images
Banks holding cryptocurrencies may have to set aside much higher levels of capital to reflect the growing risks of holding them, global regulators said this week. 
The report called crypto assets an “immature asset class” that pose several major risks to banks, including credit risk; market risk; operational risk (including fraud and cyber risks); money laundering and terrorist financing risk; and legal and reputation risks.
What is the Basel Committee proposing?
The committee is proposing to divide cryptocurrencies into two different groups. 
The first group proposes placing tokenised assets and stablecoins under the existing Basel Framework with some modifications and guidance. It proposes regulating them in the same way as other financial instruments such as loans, deposits, equities, bonds. “Tokenised assets” are simply blockchain tokens whose value is tied to a real asset, such as gold. Stablecoins a ....

United States , United Kingdom , Nigel Green , Elon Musk , Denis Vinokourov , Nicolas Economou Nurphoto , Basel Committee On Banking Supervision , Basel Committee , Goldman Sachs , Federal Reserve , Vere Group , Banking Supervision , Basel Framework , Synergia Capital , Luke Sully , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , நைகல் பச்சை , பேசல் குழு ஆன் வங்கி மேற்பார்வை , பேசல் குழு , கோல்ட்மேன் சாக்ஸ் , கூட்டாட்சியின் இருப்பு , வேறே குழு , வங்கி மேற்பார்வை , பேசல் கட்டமைப்பு , சினெர்ஜியா மூலதனம் ,

Bitcoin Plummets as Elon Musk Reverses Course on Accepting the Crypto at Tesla


Bitcoin Plummets as Elon Musk Reverses Course on Accepting the Crypto at Tesla
On 5/13/21 at 3:59 PM EDT
Elon Musk s decision to no longer accept Bitcoin to purchase Tesla s electric cars slashed billions from the cryptocurrency s valuation, but won t kill investor interest in the sector, analysts believe.
Bitcoin, the world s leading cryptocurrency, fell to $46,294.72 Thursday after Musk s tweet 28.59% below its record high of $64,829.14. It has since recovered about $4,000, but still remained down for the day.
Elon Musk said Tesla won t accept Bitcoin due to environmental concerns. In this photo, SpaceX owner and Tesla CEO Elon Musk poses on the red carpet of the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany. ....

Nassau County , United States , San Diego , Atlantic City , New Jersey , United Kingdom , Round Rock , Long Island , New York , City Of , Suffolk County , Long Beach , Rondout Creek , Glens Falls , Abe Lincoln , Los Angeles , Santa Clara , Elon Musk , Kevin Kang , Jason Deane , Lawrence Yun , Lennard Neo , Exchange Commission , Cambridge University , Illinois State Legislature , Us Postal Service ,