Strategy CEO: The impact of the Basel Accord on the banking industry's participation in Bitcoin, and the U.S. should reassess capital requirements

Strategy CEO Phong Le posted on platform X, stating that the Basel Accords set global banking capital standards and asset risk-weighting rules, which substantially affect how banks engage in digital asset-related businesses (including Bitcoin). This framework is established by the Basel Committee, which covers 28 jurisdictions and is composed of central banks and regulatory authorities from various countries, with the United States being one of them. If the U.S. wishes to become the "global crypto capital," it is necessary to reassess the implementation of capital requirements and risk weights under the Basel framework.