Global Regulators to Soften Bank Crypto Exposure Guidelines, Says Report
Global banking regulators may be preparing to ease their stance on digital assets.
According to a Bloomberg report, the Basel Committee on Banking Supervision (BCBS) is reviewing its 2022 guidelines governing banks’ exposure to cryptocurrencies, with updates expected next year.
The revision could mark a shift in tone from the original framework, which many institutions interpreted as a warning to avoid crypto altogether. Sources familiar with the discussions said the Committee has recently debated whether the existing standards — which classify stablecoins alongside high-risk assets like Bitcoin and Ethereum – remain appropriate in light of rapid industry growth and new regulation.
