Decryptopedia Terms Beginning With 'K'

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Basel Committee on Banking Supervision (BCBS)

An international standards-setting and financial stability authority made up of 45 members representing 28 countries from around the world. Regarding cryptocurrency asset regulation, the Committee makes suggestions to banks on how to limit their exposure to crypto asset risk, in the form of varying capital requirements for different types of cryptocurrencies, such as stablecoins, or tokenized sticks, or non-stablecoin not-tokenized cryptocurrencies like bitcoin (BTC) and most altcoins

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Common Crypto Terms

The crypto market, born out of money meeting technology, covers a vast amount of subjects. Crypto not only covers cryptocurrency trading, but it includes everything from digital payments,...

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Terms that start with “K”

Know Your Customer (KYC)
Regulations imposed by governments and regulatory agencies on financial institutions and services providers that require them to identify and verify their customer’s identities. The purpose of requiring KYC information primarily revolves around complying with anti-money-laundering programs that have been required by banks and other traditional finance companies and institutions for years.

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Terms that start with “K”