azimDec 14, 2021 · 3 years ago2 answers How much money do banks need to hold in reserve for virtual currency operations?
In the world of virtual currency, banks play a crucial role in facilitating transactions and ensuring the stability of the financial system. How much money do banks need to set aside as reserves specifically for virtual currency operations? What factors determine the amount of reserves required for banks engaging in virtual currency activities? Are there any regulations or guidelines in place to govern this aspect of virtual currency operations?