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Tag: the Basel committee

For Hong Kong, stablecoins go beyond payments

Hong Kong is not the first jurisdiction to come up with a regulatory regime for stablecoins. But its response may become the most significant. That...

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Cryptocurrency Regulatory and Legislative Analysis #12

Cryptocurrency Regulatory and Legislative Analysis #12August 2, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALBIS claims there could be over 20 active CBDCs by 2030A...

Practical Insights from the Basel Commission’s proposed changes to its Core Principles

The Basel Committee on Banking Supervision (BCBS) issued a public consultation on revisions to the Core principles for effective banking supervision ("Core Principles") on...

Cryptocurrency Regulatory and Legislative Analysis #11

Cryptocurrency Regulatory and Legislative Analysis #11July 5, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALBasel Committee on Banking Supervision publishes guidelines for cryptoassets treatment The...

IOSCO Proposes Policy Recommendations For The Regulation Of Crypto Markets | JD Supra – CryptoInfoNet

Key Factors A lot of IOSCO’s suggestions mirror cryptoasset regulatory regimes within the EU and U.Ok., however they mirror a broader consensus amongst regulators, together...

UK Banking Regulator to Propose Rules on Issuing, Holding Crypto

New standards for PRA-regulated firms will be coherent with rules for other sectors, according to a footnote accompanying the text of the speech. The...

This Week in Coins: Bitcoin and Ethereum Recover Modestly as Polygon, Filecoin, OKB See Blistering Gains

Last week was the first real red week of 2023 thanks to an SEC crackdown on Kraken and staking that shook crypto confidence, but...

Bank of Italy Preps for Blockchain Integration in National Economy

The European Union and the Bank of Italy have assembled a supervisory domain in a bid to merge distributed ledger technology (DLT) into the...

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks....

IMF Division Chief and Deputy Managing Director Call for Swift Regulatory Action to Avoid Crypto Contagion to Legacy Finance

An International Monetary Fund (IMF) division chief and deputy managing director are calling for more action to be taken in the regulatory aspect...

Exploring Regulatory Proposals, Bank Adoption, and Decentralized Social Media on Bitcoin – BitTalk #2

In the second episode of the podcast BitTalk, the hosts discuss several recent developments in the world of Bitcoin. They begin...

BIS Greenlights Banks to Hold 1%-2% in Crypto

Commercial banks across the world can now hold between 1% and 2% of their tier 1 capital in crypto following a decision by the...

Central Banks to set standards on banks’ crypto exposure – BIS

A global standard for banks' exposure to crypto assets has been endorsed by the Group of Central Bank Governors and Heads of Supervision (GHOS)...

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