The post BCBS Cracks Down, Seeks Revised Criteria for Stablecoin Risk Assessment appeared first on Coinpedia Fintech News
In a significant move, the Basel Committee for Banking Supervision (BCBS) is set to redefine how stablecoins are perceived in the dynamic world of crypto. This comes at a crucial time when crypto, including stablecoins, is navigating through SEC regulations and manipulative challenges.
What’s the BCBS’s Plan for Stablecoins?
In a recent document, the global banking regulator revealed plans that mark a shift in how stablecoins’ risk, compared to volatile assets like Bitcoin, is determined. The goal is simple – to align stablecoins more closely with traditional assets and balance the current preferential treatment they receive.
Presently, the BCBS maintains a strict stance on cryptocurrencies, recommending a staggering maximum risk weight of 1,250% for free-floating digital assets like Bitcoin. This necessitates that banks allocate substantial capital to mat
We współpracy z: https://coinpedia.org/news/banking-regulator-seeks-revised-criteria-for-stablecoin-risk-assessment/
