For the second time in three months a group of banking and capital market associations, including the Institute of International Finance (IIF) and Global Financial Markets Association (GFMA), wrote to the Basel Committee on Banking Supervision (BCBS) about revisiting the Basel crypto rules which restrict banks from fully participating in the digital assets, tokenization and stablecoin sectors. They request a postponement of the January 2026 implementation date, and ask for similar changes to the previous letter, with an added emphasis on stablecoins. The associations also published an updated DLT report showing the adoption of the technology by capital markets since the original
IIF, GFMA, trade bodies urge Basel Committee to revisit crypto rules – again – Ledger Insights
