Did the mastermind team catch Scott Bessent's comment during SBR annoucement on the Treasury lowering the risk weighting of bitcoin for banks from 1250% to something much more reasonable?
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Replies (4)
I hadn’t heard that.
Thanks for the heads up.
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seems like a step in the direction he indicated
and his comments during the announcement indicated an accomodating policy for banks wanting to custody bitcoin....doing whatever he could as Treasury Sec
risk weighting reduction seems like logical next step after :
repeal of SAB 121
and establishment of SBR
and that was my interpretation of his remarks