Banks' cryptocurrency exposure sits at only 0.1%, study shows

Oct. 01, 2022 11:18 AM ETBitcoin USD (BTC-USD), ETH-USD, BLMIF, BNPQY, BNPQF, BK, SBNY, MCB, CUBI, SIVBBy: Max Gottlich, SA News Editor18 Comments

Businessman is holding a bitcoin as part of a business network, Cryptocurrency blockchain connection, Technology and financial investment background concept.


The total cryptocurrency exposures reported by 19 predominantly U.S. banks represented 9.4B euros ($9B), or a just 0.14% of total exposures, according to a recent study by the Basel Committee on Banking Supervision, the primary global standard setter for banking regulations.

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