As someone who has been in finance/capital markets for over 20 years the following cannot be understated enough especially in the context of history:
On July 1st, 2025, Basel III banking regulations officially reclassified physical gold as a Tier 1 asset, specifically a high-quality liquid asset (HQLA). This means that U.S. banks can now count physical gold at 100% of its market value towards their core capital reserves. Previously, gold was considered a Tier 3 asset, requiring banks to discount its value.
Many times in markets the catalyst for great change is when the RULES change.
#gold #bitcoin #markets #banks
BophadesBawls / Bophades Bawls 🇺🇸🇨ðŸ‡ðŸ‡¬ðŸ‡§
npub1ws…2kcea
2025-08-02 13:34:07 UTC
Author Public Key
npub1ws7r8ndj8gvv45ukxdrrxdsee0622tuwkzwvu0stph0wqjzst73qy2kceaSeen on
wss://nos.lolPublished at
2025-08-02 13:34:07 UTCEvent JSON
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"content": "As someone who has been in finance/capital markets for over 20 years the following cannot be understated enough especially in the context of history:\n\nOn July 1st, 2025, Basel III banking regulations officially reclassified physical gold as a Tier 1 asset, specifically a high-quality liquid asset (HQLA). This means that U.S. banks can now count physical gold at 100% of its market value towards their core capital reserves. Previously, gold was considered a Tier 3 asset, requiring banks to discount its value.\n\nMany times in markets the catalyst for great change is when the RULES change.\n\n#gold #bitcoin #markets #banks",
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