Six GOP senators led by Cynthia Lummis urge the Fed, FDIC, and OCC to revise the 1,250% capital risk weight on digital assets they call a de facto ban on

US Senate Republicans have called on financial regulators to clarify the capital treatment for crypto, and have taken issue with international banking standards for holding crypto.

A growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging

Six GOP senators led by Cynthia Lummis urge the Fed, FDIC, and OCC to revise the 1,250% capital risk weight on digital assets they call a de facto ban on