🚹 THE FED MAY BE FORCED TO MODEL BITCOIN IN BANK STRESS TESTS 🏩₿

This isn’t about the Fed “endorsing” Bitcoin — it’s about risk math catching up to reality.

With U.S. banks expanding exposure to Bitcoin via custody, ETFs, derivatives, and prime-brokerage-style services, ignoring BTC in stress tests could soon undermine the credibility of the entire framework.

Pierre Rochard’s argument lands at a key moment:

‱ The Fed is gathering public input for its 2026 stress-test scenarios

‱ It’s also pushing for greater transparency in how models are built

If Bitcoin price shocks can materially impact capital or liquidity, the Fed may have no choice but to model them — just like equity crashes or credit spread blowouts.

⚠ This would not be policy approval

⚠ It would be technical recognition

Most likely path:

âžĄïž Bitcoin enters stress tests via global market shock scenarios

âžĄïž Applied first to banks with major trading, custody, or crypto-linked businesses

What changes then?

‱ Standardized crypto risk modeling

‱ Tighter governance & controls

‱ Higher data + compliance requirements

‱ End of “proxy-based” crypto risk assumptions

Bottom line:

Bitcoin doesn’t need permission to matter.

If it’s big enough to break balance sheets, it’s big enough to be stress-tested.

That’s not ideology — that’s system risk. đŸ”„

#Bitcoin #Fed #Banking #StressTests #Crypto