PANews reported on October 31st, citing Bloomberg, that the Basel Committee, the global banking regulator, is reassessing capital rules for banks' crypto assets due to the accelerated development of stablecoins. The US advocates for revisions, arguing that the current standards impose the same 1250% risk weight on "permissionless" stablecoins like USDC and USDT as on Bitcoin, which is too high. The ECB prefers to implement the current rules first and then review them. The EU has already allowed stablecoins to be treated with equivalent capital as their reserve assets. The UK will announce its stablecoin regulatory plan this month; Singapore has postponed implementation by one year; Hong Kong plans to launch stablecoins in 2026 and lower the requirements for licensed stablecoins. The Basel Committee has already postponed the overall implementation by one year.PANews reported on October 31st, citing Bloomberg, that the Basel Committee, the global banking regulator, is reassessing capital rules for banks' crypto assets due to the accelerated development of stablecoins. The US advocates for revisions, arguing that the current standards impose the same 1250% risk weight on "permissionless" stablecoins like USDC and USDT as on Bitcoin, which is too high. The ECB prefers to implement the current rules first and then review them. The EU has already allowed stablecoins to be treated with equivalent capital as their reserve assets. The UK will announce its stablecoin regulatory plan this month; Singapore has postponed implementation by one year; Hong Kong plans to launch stablecoins in 2026 and lower the requirements for licensed stablecoins. The Basel Committee has already postponed the overall implementation by one year.
The Basel Committee is reviewing the capital rules for bank crypto assets, originally scheduled to take effect next year.
2025/10/31 19:04
PANews reported on October 31st, citing Bloomberg, that the Basel Committee, the global banking regulator, is reassessing capital rules for banks' crypto assets due to the accelerated development of stablecoins. The US advocates for revisions, arguing that the current standards impose the same 1250% risk weight on "permissionless" stablecoins like USDC and USDT as on Bitcoin, which is too high. The ECB prefers to implement the current rules first and then review them. The EU has already allowed stablecoins to be treated with equivalent capital as their reserve assets. The UK will announce its stablecoin regulatory plan this month; Singapore has postponed implementation by one year; Hong Kong plans to launch stablecoins in 2026 and lower the requirements for licensed stablecoins. The Basel Committee has already postponed the overall implementation by one year.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
Why Crypto Feels Dead Just as It’s Finally Succeeded
The post Why Crypto Feels Dead Just as It’s Finally Succeeded appeared on BitcoinEthereumNews.com. Crypto might be having a vibes crisis after Bitcoin slipped below $110,000. A wave of industry veterans say the mood across group chats and social media feels like a bear market. However, according to Bitwise CEO Hunter Horsley, that disconnect might actually be a sign that crypto has finally matured. Sponsored Bitwise and Nick Carter Say Crypto’s Boredom Signals Its Maturity “Crypto natives are now in a multi-month bear market sentiment.” These are the words of Hunter Horsley, the CEO of one of the largest crypto index fund managers. The statement comes after Bitcoin slipped below $110,000 and was trading at $109,535 on Friday during the early hours of the US session. Bitcoin (BTC) Price Performance. Source: BeInCrypto Against this backdrop, sentiment on X (Twitter), like on crypto media, is sour. However, Horsley highlights the receding regulatory risk and the abounding institutional interest, noting unprecedented market growth. “The sentiment off-Twitter is best it’s ever been. The market is changing,” he added. Sponsored Horsley’s post follows a viral comment from analyst and investor Will Clemente, who lamented that “the vibes in the crypto group chats are just sad… everyone seems jaded, depressed, and defeated.” The vibes in the crypto groupchats that I’m in are just sad honestly, people completely giving up and pivoting to other asset classes if they haven’t already. Everyone seems jaded, depressed, and defeated, & how can you blame them given how BTC has traded this year — Will (@WClementeIII) October 30, 2025 His observation captures what many traders have been sharing, that despite a strong macro backdrop, enthusiasm feels muted. However, venture capitalist Nick Carter of Castle Island Ventures argued that this so-called boredom is actually a victory lap in disguise. Sponsored “Crypto is boring because so many of the open questions have been answered. Will stablecoins…
Share
BitcoinEthereumNews2025/11/01 01:17
Exxon and Chevron beat profit forecasts despite weaker oil prices
Oil giants Exxon Mobil and Chevron reported third-quarter earnings on Friday that came in stronger than expected, according to data provided by LSEG, despite falling oil prices and a 16% drop in U.S. crude this year. Both companies pushed out record-high production numbers, with Exxon pulling in $8.1 billion in profit while Chevron posted $3.6 […]
Share
Cryptopolitan2025/11/01 01:27
Shiba Inu Price Prediction: SHIB Eyes $0.000012 as BullZilla Presale Dominates the Next 1000x Meme Coin Race
What happens when the world’s most beloved dog token begins to lose its stride and a new beast steps into the spotlight? In today’s unpredictable meme-coin jungle, investors are relentlessly hunting the next 1000× meme coin that could surpass past icons. Fueled by hype, timing, and powerful tokenomics, fortunes are made and lost overnight. Those […] The post Shiba Inu Price Prediction: SHIB Eyes $0.000012 as BullZilla Presale Dominates the Next 1000x Meme Coin Race appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/11/01 01:15