The initial December report separated its criteria for the treatment of crypto into two groups. Group one cryptos would meet the full set of classification conditions and would be subject to capital requirements. Group two cryptocurrencies that do not meet classification conditions, and so needs newly prescribed capital treatment.

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• Source: https://www.coindesk.com/policy/2023/12/07/basel-committee-seeks-to-consult-on-stablecoins-risk-treatment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines