2022-6-1 18:30 |
The Basel committee cited recent turmoil in pushing ahead with its plans, which previously saw opposition from major lenders like JPMorgan Chase. origin »
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Banks’ exposure to cryptocurrencies should be capped at 1% of Tier 1 capital, the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) recommended in a consultation paper on June 30.
2022-7-1 02:40 | |
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The committee of central banks and regulators has proposed a “conservative prudential treatment” of crypto assets that banking groups say is prohibitive.
2022-6-1 22:00 | |
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The Basel Committee on Banking Supervision calls for conservative treatment of crypto assets
2019-12-17 01:00 | |
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The Basel Committee on Banking Supervision (BCBS) published on Thursday a discussion paper on the treatment of crypto and digital assets. Central Banks Expected to Share their View on Crypto The BCBS, an international body that has central banks as stakeholders, wants a global standard to approach cryptocurrencies and blockchain-based assets.
2019-12-14 19:00 | |
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The Basel Committee on Banking Supervision (BCBS) is soliciting comments on “Designing a prudential treatment for crypto assets,” to improve the regulatory oversight by March 2020. The paper says, “These types of crypto-assets are not legal tender, and are not backed by any government or public authority.
2019-12-13 23:36 | |
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The Basel Committee on Banking Supervision is calling for feedback on the prudential regulatory treatment of crypto-assets. Feedback received from insiders in both the crypto and traditional finance sectors will be used to draft guidelines for banks interested in dealing with crypto-assets.
2019-12-12 20:26 | |
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A group of international banking authorities, the Basel Committee on Banking Supervision, which is part of the Bank of International Settlements (BIS), has issued a statement on the current situation of the cryptocurrency market.
2019-3-15 11:20 | |
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The Basel Committee on Banking Supervision has warned that the growth of cryptocurrencies poses a number of risks to banks.
2019-3-14 13:01 | |
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The Basel Committee has claimed that crypto assets are a threat to global financial stability and advised banks to deal with them at their own risk, according to an official March 13, 2019 report published by the Bank for International Settlements (BIS).
2019-3-14 12:00 | |
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The Basel Committee on Banking Supervision (BCBS), a supranational banking watchdog, has warned that the growth of crypto assets like bitcoin pose a threat to banks and global financial stability, despite “very limited direct exposures.
2019-3-14 01:30 | |
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The Basel Committee has laid out guidelines for banks that plan to enter the cryptocurrency market. While outlining the supposed threats posed by crypto assets in terms of financial stability, the committee has said it expects banks that are going to have direct exposure to the crypto industry to be prudent in their approach.
2019-3-13 23:15 | |
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A recent warning from a consortium bank regulators may actually shed light on the growing state of cryptocurrency adoption. On Mar. 13 the Basel Committee, a group of global bank regulators and the standard setter.
2019-3-14 20:41 | |
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The growth of crypto assets like bitcoin is a bad sign for the global banking system, warned the Basel Committee. The banking supervision forum said that crypto assets had become popular despite exhibiting a high degree of volatility and risk.
2019-3-13 17:13 | |
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BIS-backed global banking authority the Basel Committee has issued a sceptical statement on crypto assets, saying they’re “unsafe to rely on” as money
2019-3-13 15:11 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
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India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.