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Global Regulators to Soften Bank Crypto Exposure Guidelines, Says Report

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.

Stablecoins Drive Policy…

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