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U.S. House Committee Plans for Heap of Crypto, SEC Hearings in September
The congressional panel, which has oversight over U.S. securities and most financial products, will set a September hearing calendar jammed…
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Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS’ Basel Committee Says
Banks are also exposed to political uncertainty as a new legislation could “change validator behaviour,” making the “blockchains themselves operationally…
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Republican National Committee Endorses Pro-Bitcoin Platform in Party Draft
Today, a Republican National Committee panel approved a draft of its 2024 party platform, that strongly supports Bitcoin. On page…
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The BIS Basel Committee Approves Disclosure Framework for Banks’ Crypto Exposures
“These revisions aim to further promote a consistent understanding of the standard, particularly regarding the criteria for stablecoins to receive…
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Indonesian Commodities Regulator Bappebti Forms Committee to Monitor Crypto Industry
The Crypto Asset Committee has representatives from Bappebti, various government ministries, crypto bourses, clearing institutions, associations, academics and relevant practitioners.…
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Nigerian Parliamentary Committee Summons Binance CEO Teng: Report
Two executives of the exchange were detained last week on arrival in the country.
أكمل القراءة » Basel Committee Proposes Changes to Criteria Giving Stablecoins Preferential Risk Treatment Among Crypto Assets
However, cryptos with “effective stabilization mechanisms” qualify for “preferential Group 1b regulatory treatment.” This means stablecoins can be subject to…
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Basel Committee Seeks to Consult on Stablecoins Risk Treatment
The initial December report separated its criteria for the treatment of crypto into two groups. Group one cryptos would meet…
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EU Parliament’s Internal Market Committee Seeks to Reduce Dependency on Other Countries With Metaverse Strategy
“Europe cannot afford to lag behind in the next digital revolution nor can we repeat past mistakes,” said Pablo Arias…
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Banks Must Disclose Crypto Exposures, Global Regulator Basel Committee Says
Under the proposals, which would take effect in 2025, “banks would be required to disclose qualitative information on their activities…
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