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Coin Edition 2024-07-18 11:10:00

Basel Committee Tightens Crypto Rules, Favoring Centralized Stablecoins

The Bank for International Settlements (BIS), through the Basel Committee on Banking Supervision, has announced targeted amendments to its crypto asset standards. These amendments prioritize stablecoins issued on permissioned blockchains over those on permissionless ones, a regulatory shift set to take effect on January 1, 2026. The amendments aim to clarify the prudential treatment of The post Basel Committee Tightens Crypto Rules, Favoring Centralized Stablecoins appeared first on Coin Edition .

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