Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Banks' Capital Rules When Holding C
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Banks' Capital Rules When Holding C
Banks' Capital Rules When Holding Crypto Need to Be Reworked, Says Basel Chair: FT
Banks' Capital Rules When Holding Crypto Need to Be Reworked, Says Basel Chair: FT
Erik Thedéen said a different approach is needed as the U.S. and U.K. refused to implement the rules already set out.
By Jamie Crawley|Edited by Sheldon Reback
Nov 19, 2025, 12:46 p.m.
The Basel Committee operates out of the BIS building in Basel. (Wikimedia, modified by CoinDesk))
What to know:
- The rules on banks holding large amounts of capital to cover cryptocurrency losses need a rework, the chair of the Basel Committee on Banking Supervision said.
- The U.S. Federal Reserve's vice-chair of supervision, Michelle Bowman, called the rules "not very realistic," last month and the Bank of England decided not to implement them in their current form.
- “The focus back then was very much on the bitcoins of this world,” said Erik Thedéen. “Now of course everyone is talking about stablecoins."
The rules on banks holding large amounts of capital to cover losses in cryptocurrency need a rework, the chair of the Basel Committee on Banking Supervision said, according to the Financial Times (FT).
A new approach is needed because the U.S. and U.K. refused to implement the rules, which extend to stablecoins even though they don't experience the considerable price swings seen in tokens like BTC$89,266.48 and ether ETH$2,898.10, Erik Thedéen said in an interview with the newspaper.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters
Sign me up
The framework proposed in 2021 by the Basel Committee, the global standard-setter for bank prudential regulation, was set to come into force at the start of the next year. The widespread growth of stablecoins this year has led to calls for a rethink. The committee operates under the auspices of the Bank for International Settlements, an organization owned by many of the world's central banks.
"The focus back then was very much on the bitcoins of this world," said Thedéen. "Now of course everyone is talking about stablecoins. Permissionless ledgers: are these as risky as we thought? Or is there an argument we can look at this in a different way? We need to start analyzing. But we need to be fairly quick on it."
The U.S. Federal Reserve's vice-chair of supervision, Michelle Bowman, last month called the rules "not very realistic." The Bank of England also decided not to implement them in their current form, according to the FT.
The Basel CommitteebanksRegulationbanking
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Senate Banking Panel Advances FDIC's Travis Hill for Wider Confirmation Vote
The Senate Banking Committee voted along party lines to send FDIC Acting Chair Travis Hill's nomination to the wider Senate for a final vote on taking the permanent job.
What to know:
- The Senate Banking Committee voted 13-11 to advance Travis Hill's confirmation as chairman of the Federal Deposit Insurance Corp. to a final vote of the overall Senate.
- If Hill gets that confirmation, President Donald Trump will have another crypto-friendly regulator atop on of the key financial agencies.
Read full story
Latest Crypto News
AI Agents Need Identity and Zero-Knowledge Proofs Are the Solution
Bitcoin Slips Back Below $90K — Crypto Correction Now Ranks Among Worst Since 2017, K33 Says
Stella's XLM Token Breaks Key $0.25 Support as Altcoins Suffer Continued Drawdown
Coinbase Debuts DEX Trading in Brazil as ‘Everything App’ Vision Grows
HBAR Slides 0.5% to $0.146 as Technical Support Crumbles
ICP Softens as Failed Breakout Above $5.17 Shifts Market Back Into Consolidation
Top Stories
Bitcoin Slips Back Below $90K — Crypto Correction Now Ranks Among Worst Since 2017, K33 Says
Senate Banking Panel Advances FDIC's Travis Hill for Wider Confirmation Vote
Winklevoss-Backed Cypherpunk Buys $18M More Zcash, Bringing Holdings to $150M
Bitcoin Market Watch: Nvidia Earnings, Fed Minutes and Payrolls to Set the Tone
Crypto ETFs Enter Maturity Phase as IRS and SEC Actions Drive Rapid Expansion of Products
Apex Group Said to Buy Broker Dealer Globacap for U.S. Tokenization Push
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.
You May Also Like
XMR price pumps as a rare pattern points to Monero hitting $1,000
XMR price jumped to a record high today, January 15, as demand for privacy tokens rose.
Share
Crypto.news2026/01/17 04:37
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets
The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
Tweede Kamer stemt om belastingregels met grote gevolgen voor crypto
De Tweede Kamer staat op het punt een besluit te nemen over de hervorming van Box 3, oftewel de belasting op vermogen. Na jaren van juridische strijd en tijdelijke
Share
Coinstats2026/01/17 03:33