Basel Committee


Policy

Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

Risks include operations and security, governance, legal, settlement finality and compliance, the report said.

BIS building (BIS)

Policy

Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures

The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.

BIS building (BIS)

Policy

Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment

The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.

16:9 BIS tower building (BIS)

Policy

Basel Committee Seeks to Consult on Stablecoins Risk Treatment

Regulators have been looking to increase supervision of crypto and mitigate risks posed by banks' exposure to crypto.

Globe, World (Kyle Glenn/Unsplash)

Policy

Canadian Regulator Seeks Feedback on Disclosure Rules for Bank Crypto Exposures

The country hopes to align local requirements with those proposed by international banking regulators.

Canada has unveiled new bank-capital plans for crypto (Pixabay)

Policy

Banks Must Disclose Crypto Exposures, Global Regulator Says

The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said

The Bank for International Settlements in Basel, Switzerland (Fred Romero/Flickr)

Policy

Banks Would Have to Disclose Crypto Holdings Under New BIS Plan

The Basel Committee on Banking Supervision previously recommended capital constraints to wall off TradFi from the likes of bitcoin and ether

Crypto-friendly Signature Bank collapsed in March 2023 (Alpha Photo/Flickr)

Policy

EU Seals Deal on Crypto Bank-Capital Rules

Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system

The EU Data Act has raised smart contract fears (Pixabay)

Policy

EU Governments Friendly to Tough Crypto Bank-Capital Restrictions, Negotiator Says

The move could mean assets such as bitcoin (BTC) and ether (ETH) are given the maximum possible risk weight as part of a lengthy set of banking laws, which could be agreed as soon as next week.

New EU rules could control banks' access to crypto (Leonhard Niederwimmer/ Pixabay

Markets

Bitcoin Peeps Above $38K on Basel News

The top cryptocurrency hit a high of $38,461 during the European hours, extending Wednesday's double-digit rally.

Bitcoin trade graph candlesticks online

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