Stablecoins upend global banking rules; UK backs stablecoin plans
Central bankers are rethinking stablecoin regulations as the Bank of England defends its approach amid evolving global financial…
Browsing Tag
Basel Committee on Banking Supervision
14 posts
Hong Kong eases banking laws as UBS pilots tokenization
While the HKMA plans to relax Basel Committee standards to ease capital mandates, UBS is launching a pilot…
TRM’s crime-fighting Beacon Network; ‘banks v crypto’ heats up
Beacon Network, a product of intelligence firm TRM Labs, is a „real-time intelligence-sharing system” that flags illicit funds…
Bank of England set to introduce stringent rules in 2026
The BoE’s planned regulations would include standardized templates outlining banks’ exposure to digital assets and ensure alignment with…
UK banking regulator asks firms to tell digital asset exposure
The U.K. Prudential Regulation Authority requested businesses to take into account any current and future plans of digital…
EU banks subject to new rules on digital asset holdings
Once agreed upon by the Basel Committee on Banking Supervision, the new European Union standards are left to…
Basel Committee on Banking Supervision makes minor update to digital asset rules
The final disclosure framework for banks’ digital asset exposures and the updated digital asset standard for banks will…
New digital asset banking rules for G10 countries delayed until 2026
Amendments to the BCBS rules are expected to be introduced later this year, but it is not immediately…
Financial industry bodies defend permissionless blockchains against Basel Committee’s classification
Basel Committee on Banking Supervision published a report in December claiming that all permissionless blockchains are risky and…
Bitcoin, Ethereum, XRP: Banks’ Crypto Holdings Exposed By BCBS
In an unprecedented analysis, the Basel Committee on Banking Supervision (BCBS) has unveiled a comprehensive report detailing the…