Six Republican senators in the U.S. have written to the Federal Reserve, FDIC, and OCC, urging regulators to rewrite capital rules for banks holding digital assets. The senators argue that Basel's 1,250% risk weight for crypto assets like Bitcoin could act as a de facto restriction. Under the 8% minimum capital requirement, a bank with a $100 million Bitcoin exposure would need to allocate at least $100 million in capital. The article notes that while U.S. regulators have eased some access rules related to crypto custody, stablecoins, and DLT payments, the capital treatment for banks directly holding Bitcoin remains unresolved. (CryptoSlate) https://(wublock123.com)/news/senator-republican-urges-regulators-rewrite-bank-bitcoin-capital-rules-62322