Bloomberg Adds Basel Crypto Exposure Classification For Banks And Asset Managers

TL;DR: Bloomberg has expanded its crypto analytics to classify bank exposure under Basel standards, including indirect holdings hidden inside funds, derivatives and corporate securities.
A bank can have cryptocurrency exposure without holding a single Bitcoin in a wallet. It may own shares of a company with substantial crypto reserves, a fund containing digital-asset products or derivatives whose value depends on a token. Bloomberg is trying to make those indirect exposures easier to identify un