Regulators Propose New Crypto Disclosure Rules for Banks After FTX Collapse

Banks will have to disclose crypto holdings under new proposal from Basel Committee on Banking Supervision.

Banks already face capital requirements for crypto, but new rules would mandate disclosure of exposure.

Regulators partly blame recent bank collapses like FTX, Signature Bank on crypto popularity.

Report says Signature failed to understand risks of relying on crypto deposits.

Basel Committee wants disclosure rules to complement existing crypto capital requirements finalized in December.