Cryptocrit
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According to a recent report from the Basel Committee on Banking Supervision (BCBS), nineteen North American and European banks have disclosed significant investments in cryptocurrencies, totaling €9.4 billion ($10.27 billion). This represents a growing trend of adoption of cryptocurrencies by traditional financial institutions.
The BCBS, after implementing a new crypto data collection template over the past five years, has revealed the extent of cryptocurrency engagement among its member banks. North American banks are leading with ten entities disclosing their investments, while seven European banks have also reported their exposures.