The Basel Committee on Banking Supervision unveiled on Thursday a preliminary proposal on how banks should treat their cryptoasset exposures.
According to Basel's proposal, cryptoassets should be divided into two groups according to their risk exposures. The first group would be...
The European Banking Authority (EBA) stated on Tuesday that the largest banks in the European Union will need to add €135 billion to their balance sheet in order to adequately adhere to the current Basel rules. The latest iteration of said rules, which were approved by various banking watchdog...
The Basel Committee for Banking Supervision (BCBS) urged banks to implement safeguards when dealing with "unstable" cryptoassets in a statement released on Wednesday, saying that their continued growth posed financial stability concerns.
The institution also said that cryptoassets such as...
The Basel Committee for Banking Supervision (BCBS) announced on Monday that its supervisory body, the Group of Central Bank Governors and Heads of Supervision (GHOS), approved a set of revisions to the market risk framework and BCBS's strategic priorities and work program for 2019, according...
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