Banks around the world Own Almost $10 billion worth of Crypto assets
Banks around the world own crypto assets worth 9.4 billion euros ($ 9.8 billion), according to a study by the Basel Committee on Banking Supervision, which was reviewed by the Cointelegraph portal.
During the survey, 19 out of 182 banks surveyed gave an affirmative answer about the availability of digital assets. The latter account for 0.14% of the total risk-weighted asset structure (also called RWA) of these 19 crypto-owning banks. And in terms of all 182 banks participating in the study, this figure is only 0.01%.
As for the geography of the 19 banks that own cryptocurrency, 10 of them are located in America, 7 in Europe, 2 in other parts of the world.
Experts of the international organization in the city of Basel (Switzerland) also came to the conclusion that banks mainly deal with volatile cryptocurrencies and quite a bit with stab coins.
Banks mostly own bitcoins (31%), ether (22%) and bitcoin-related derivatives (35%). Also mentioned in the study are DOT from Polkadot (2%), XRP (2%), ADA from Cardano (1%), SOL from Solana (1%), Litecoin (0.4%) and Stellar Lumen (0.4%)