Newsflash of November 08, 2019

Market Cap at 1:08 (UTC) – $244,030,604,405 billion 

Bitcoin dominance: 66.8 % 

BTC $9,042.22 (-2.06%)

ETH $184.52 (-1.5%)

XRP $0.279684 (-3.7%)

The Basel Committee is researching on the threshold for covering crypto losses

According to Business Reporter, the Basel Committee on Banking Supervision is studying the minimum threshold of capital for a crypto business to cover any risk related to cryptocurrency holding. The committee also have agreed to publish a paper on treatment for cryptocurrencies which is not backed by tangible assets.

Binance adds support EUR

Along with UAH, RUB and KZT, Binance customers can now deposit and withdraw their EUR through AdvCash. Additionally, CZ promised that the exchange would soon add more channels for EUR and support for AED.

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