US Pushes Basel to Rewrite Crypto Rules as Stablecoins Crash the Banking Gates — TradingView News
Global regulators are quietly rethinking the toughest capital rules ever drafted for crypto holdingsafter a surge in stablecoin adoption forced a policy U-turn led by the United States. The Basel Committee on Banking Supervision’s framework, originally designed in 2022 to keep banks away from high-risk digital assets, was interpreted by many lenders as a warning shot. But with the White House now actively backing regulated stablecoins through the newly enacted Genius Act, that old Wild West narrative no longer fits. The debate now centers on whether Basel’s heavy-handed standards still make sense in a market that looks increasingly mainstream.
At issue is the 1,250% risk charge Basel applies to so-called permissionless tokens like…
