Bloomberg Adds Basel Crypto Exposure Classification For Banks And Asset Managers

Bloomberg has introduced a new classification system for banks and asset managers to report their exposure to cryptocurrencies, in line with Basel standards. This development, announced on October 24, 2026, aims to provide greater transparency in the financial sector.

According to Bloomberg, the expanded crypto analytics will now include indirect holdings of cryptocurrencies that are hidden within funds, derivatives, and corporate securities. This move is expected to help financial institutions accurately report their crypto exposure.

The classification system is based on Basel standards, which provide a framework for banks to manage their risks. Bloomberg's expansion of its crypto analytics is seen as a step towards greater adoption of cryptocurrencies in the mainstream financial sector.

It is not yet clear how financial institutions will implement this new classification system or what impact it will have on the market. Further details on the implementation and implications of this development have not been reported yet.