The Basel Committee has released an update to the compliance rules for crypto-asset banks. It has also released its final disclosure framework. The rule changes appear to be relatively minor compared to previous plans. In its latest consultations, the committee has threatened to...
According to market sources, the Basel Committee has approved a framework for banks' crypto-asset risk disclosure and capital standards.
Cryptocurrency companies Coinbase and Circle are raising objections to various aspects of the Basel Committee on Banking Supervision's proposal, which introduces stricter standards for preferential regulatory treatment of bank stablecoin risk exposure.