The Basel Committee studies an update to crypto standards for banks
18h05 ▪
4
min read ▪ by
Summarize this article with:
The Basel Committee on Banking Supervision (BCBS) could soon relax its strict rules on cryptos! A decision awaited, after the explosion of stablecoins. This revision marks a turning point for the integration of digital assets into traditional finance, between innovation and regulatory caution.
In brief
- The Basel Committee is considering relaxing its strict rules on cryptos, driven by the rise of stablecoins and pressure from banks.
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