Strategy CEO: U.S. Should Reassess Basel Capital Rules to Become "Global Crypto Capital"

Odaily News: Strategy CEO Phong Le posted on the X platform, stating that the Basel Accords establish global banking capital standards and asset risk-weighting rules. These frameworks substantially influence how banks engage in businesses related to digital assets (including Bitcoin). The rules are formulated by the Basel Committee (composed of central banks and regulators from various countries), which covers 28 jurisdictions, with the United States being just one of them. If the U.S. wishes to become the "global crypto capital," it is necessary to conduct a prudent reassessment of how capital requirements and risk weights are implemented under the Basel framework.