The Basel Committee on Banking Supervision is reassessing crypto regulatory rules set to take effect next year

ChainCatcher news, the Basel Committee on Banking Supervision is re-examining the cryptocurrency regulatory framework originally scheduled to take effect next year, with a particular focus on regulations related to stablecoins.

The previous version of the rules was widely regarded by the industry as a warning to banks holding crypto assets, as it required higher capital charges for related assets. According to informed sources, major jurisdictions including the United States, the United Kingdom, and the European Union have not yet committed to proceeding as originally planned, and instead prefer to reassess the relevant standards before implementing them globally, in order to ensure the feasibility and coordination of regulatory measures.