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Category Basel Committee

MainNewsBasel Committee
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on B...
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism

Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism

The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations t...
Basel Committee Crypto Standards Enhance Bank Transparency and Security!

Basel Committee Crypto Standards Enhance Bank Transparency and Security!

Basel Committee crypto standards have unveiled the long-awaited final disclosure framework to regulate banks' exposure to crypto assets. Read more...
Global Banking Regulators Approve Framework for Banks to Disclose Crypto Exposure

Global Banking Regulators Approve Framework for Banks to Disclose Crypto Exposure

Basel Committee has finalized disclosure framework, having “standardized set of public tables and templates covering banks' crypto exposures.” The ...
Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures

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.