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 Basel Committee on Banking Supervision, the banking industry’s global regulator, published a standard on how banks should treat crypto exposure in December.

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• Source: https://www.coindesk.com/policy/2023/02/27/uk-banking-regulator-to-propose-rules-on-issuing-holding-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines