#CanBTCHold65K？ An expert pointed out the uncertain rules regarding Bitcoin (BTC) in the Basel III proposal and warned the U.S.

Pierre Rochard, CEO of Bitcoin Bond Company, criticized the Basel III regulations, stating that they are unclear about capital requirements for Bitcoin.

At this point, Rochard warned U.S. banking regulators that Basel III rules leave an unresolved, empty space regarding how to handle activities related to Bitcoin.

He cautioned that this ambiguity could increase legal risks for large banks involved in holding, lending, safekeeping, and derivatives trading of BTC, potentially leading to market confusion.

In this context, Rochard wrote a letter to the FED, Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), arguing that Basel authorities should not finalize or implement regulations without providing clear justification and framework.

Rochard also emphasized that while regulators have issued clear guidance on other digital assets and have provided guidance on treating security tokens similarly to traditional stocks, they have remained silent on BTC.

Noting that regulators have yet to provide a clear statement on how to handle Bitcoin risks, Rochard said, “Without this clarity, banks will be forced to interpret how the rules apply directly to Bitcoin assets, Bitcoin-collateralized loans, custody services, and derivatives, which will increase overall sector uncertainty.”

Under current Basel banking regulations, Bitcoin is classified as a highly risky asset for banks. The 1250% risk weight assigned to BTC means a much stricter capital requirement than almost all other asset classes. According to these rules, banks must hold reserve assets at a 1:1 ratio to support Bitcoin. This makes it very difficult for banks to hold BTC on their balance sheets or provide financial services related to Bitcoin, significantly hindering institutional participation in Bitcoin.

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