FINMA is a Swiss Financial Market Supervisory Authority who has advised banks and other financial institutions to use a risk coverage for cryptocurrencies of 800 percent of the current market value, according to recent news. What does a crypto risk coverage of 800 percent mean? The major local news outlet Swissinfo saw a copy of […]
The post FINMA Says Banks Should Have A Risk Coverage Of 800% for Crypto appeared first on Toshi Times.
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