Pierre Rochard Warned of BTC Uncertainty in Basel III

The Bitcoin Bond Company CEO Pierre Rochard sent an official comment to US banking regulators, warning that the handling of Bitcoin (BTC)-related activities in the rewrite of Basel III capital rules has been left unclear. This gap could create legal risks and affect the amount of capital banks must hold for BTC assets. In the comment submitted to the US Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency on March 29, it was emphasized that the regulators' March 19 proposal does not mention BTC, crypto, or digital assets at all.

Pierre Rochard's BTC Warning to Regulators

The regulators' proposal covers credit risk, market risk, operational risk, and counterparty exposures, but it is unclear how existing categories apply to holding BTC, lending, custody, and derivatives. Rochard argued that US regulators need to clarify whether they will adopt the Basel Committee's SCO60 framework, which assigns a 1250% risk weight to BTC, implement it partially, or rely on existing national rules.

BTC and Crypto Silence in the Basel III Proposal

While clarity is provided for other digital assets, there is no similar explanation for BTC, creating uncertainty in the banking sector. This situation raises questions about how banks will calculate their capital buffers when conducting detailed BTC analysis. Rochard's comment is seen as a critical step in BTC's integration with traditional finance.

Capital Risk Weights for BTC Assets

According to SCO60, the 1250% risk weight applied to BTC could make it expensive for banks to hold BTC. If US regulators do not provide clarity, banks may limit BTC exposure with conservative approaches. This could also affect the BTC futures market.

Current BTC Technical Analysis and Market Status

As of March 30, 2026, BTC price is $67,385.10, 24-hour change +%1.45. RSI 44.83 (neutral), trend downward, Supertrend bearish. EMA 20: $69,020. Supports: S1 $62,909 (strong, -%6.82), S2 $67,360 (strong, -%0.23). Resistances: R1 $68,985 (strong, +%2.18), R2 $74,486. This uncertainty could make BTC's short-term recovery difficult.