News list for " basel banking"

Basel Data: Client Crypto Exposure of US Banking Institutions to Approximately $201 billion in 2023

The Basel Committee on Banking Supervision has released Basel III monitoring statistics for December 2023, including crypto-asset exposures, and although this data was released later (before the launch of the US Bitcoin ETF), it has shown a significant increase in the scale of crypto services provided by US banking institutions to customers, which shows that the size of customer crypto exposures of US banking institutions in 2023 is about $201 billion.

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2024-12-01 14:10:43
BIS only allows the issuance of licensed stablecoins, putting USDT and USDC at risk

On July 17, the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) released its final disclosure report on banks' risk exposure to crypto assets. The report requires that banks will need to disclose qualitative and quantitative reports on their crypto-related activities and liquidity requirements in order to maintain stability. In addition, the report tightens the criteria for permissionless stablecoins, and as a result, all stablecoins issued on permissionles...

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2024-07-18 06:44:48
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