The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurre

The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurre

Regulators have been looking to regulate crypto and mitigate against the risks posed by banks exposure to crypto.

Regulators have been looking to regulate crypto and mitigate against the risks posed by banks exposure to crypto.

The country hopes to align local requirements with those proposed by international banking regulators.

The country hopes to align local requirements with those proposed by international banking regulators.

Introducing a groundbreaking proposal, the Basel Committee, consisting of banking regulators from major global financial hubs, has mandated standar

The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said

The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said

The Basel Committee on Banking Supervision previously recommended swingeing capital constraints on holdings of unbacked cryptocurrency