PANews reported on October 16 that according to Bloomberg, Erik Thedéen, chairman of the Basel Committee on Banking Supervision, said on Wednesday that the rapid growth of stablecoins may prompt global policymakers to reassess new bank capital standards for crypto assets. He said that stablecoins are currently a hot topic, but when policymakers formulate new crypto asset capital rules in 2022, stablecoins "are not the focus", so "this is one of the reasons why we may need to discuss and evaluate." However, he added that any changes will only be made after a "very thorough" process and discussions with the committee's member states, some of which have already implemented the package. The measures, originally due to be implemented next year, would require banks to charge the same punitive capital charges for holding most stablecoins as they do for riskier cryptocurrencies such as Bitcoin.PANews reported on October 16 that according to Bloomberg, Erik Thedéen, chairman of the Basel Committee on Banking Supervision, said on Wednesday that the rapid growth of stablecoins may prompt global policymakers to reassess new bank capital standards for crypto assets. He said that stablecoins are currently a hot topic, but when policymakers formulate new crypto asset capital rules in 2022, stablecoins "are not the focus", so "this is one of the reasons why we may need to discuss and evaluate." However, he added that any changes will only be made after a "very thorough" process and discussions with the committee's member states, some of which have already implemented the package. The measures, originally due to be implemented next year, would require banks to charge the same punitive capital charges for holding most stablecoins as they do for riskier cryptocurrencies such as Bitcoin.