News list for "Basel committee"
The Hong Kong Monetary Authority recently issued a circular confirming that the new bank capital base regulations based on the Basel Committee on Banking Supervision's crypto asset regulatory standards will be fully implemented in Hong Kong from January 1, 2026. Crypto assets are private "digital assets" that rely primarily on cryptography and distributed ledger technology or similar technologies, while "digital assets" are defined as those that can be used for payment or investment purposes or ...
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.
