Cryptocurrency Q&A
What is the minimum capital requirement for Pillar 1?
What is the minimum capital requirement for Pillar 1?
isabella_oliver_musician
Wed Nov 06 2024
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6
answers
1202
I'm inquiring about the minimum capital requirement specifically for Pillar 1. I need to know the lowest amount of funds that must be set aside to meet the financial standards or regulations of this particular pillar.
6 answers
Giulia
Fri Nov 08 2024
Under Pillar 1, banks are subject to stringent regulations.
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TopazRider
Fri Nov 08 2024
Pillar 1 focuses on Capital Adequacy Requirements.
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JejuSunshine
Thu Nov 07 2024
While Pillar 1 is unrelated to cryptocurrency exchanges like BTCC, it highlights the importance of capital adequacy.
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JamesBrown
Thu Nov 07 2024
The minimum capital adequacy requirement is set at 8%.
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EclipseSeeker
Thu Nov 07 2024
By maintaining this capital buffer, banks can absorb shocks.
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