Basel – DIGIT INFO

Basel Committee suggests introducing maturity limits for stablecoin reserve assets

DIGIT — Thu, 14 Dec 2023 11:52:17 +0000

Should longer-term assets be allowed as reserve assets, the committee believes these must overcollateralize the claims of stablecoin holders.

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Basel Committee to consider disclosure requirements for banks’ crypto assets

DIGIT — Fri, 06 Oct 2023 15:00:07 +0000

The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said.

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Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation

DIGIT — Fri, 20 Jan 2023 11:30:13 +0000

A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation for blockchain applications seeking to offer products similar to […]

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Basel Committee wants to limit banks’ digital asset exposure to just 1% of equity

DIGIT — Thu, 30 Jun 2022 15:04:15 +0000

Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium.

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Basel Committee presses on with restrictive requirements for banks’ crypto holdings

DIGIT — Tue, 31 May 2022 19:00:00 +0000

The committee of central banks and regulators has proposed a “conservative prudential treatment” of cryptoassets that banking groups say is prohibitive.

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G20 Watchdog Unveils Framework to Monitor Crypto

DIGIT — Mon, 16 Jul 2018 23:55:31 +0000

A framework has been developed for the G20 countries to “monitor the financial stability implications of crypto-assets markets.” The Financial Stability Board says cryptocurrencies “do not pose a material risk to global financial stability” but supports their “vigilant monitoring.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space G20’s Crypto Monitoring Framework The Financial Stability […]

The post G20 Watchdog Unveils Framework to Monitor Crypto appeared first on Bitcoin News.

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A Review of the Swiss-Made Digital Bitbox Hardware Wallet

DIGIT — Mon, 26 Feb 2018 15:55:22 +0000

During the Anarchapulco event last week I had purchased a Digital Bitbox hardware wallet. I’ve tested and reviewed a variety of popular hardware wallets over the years and decided to experiment with the Bitbox platform so our readers can get an idea of what this product has to offer. Also read: Venezuelan Government Opens School to […]

The post A Review of the Swiss-Made Digital Bitbox Hardware Wallet appeared first on Bitcoin News.

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Europol and Interpol to Increase Measures Against BTC Laundering and Terrorism Financing

DIGIT — Tue, 30 Jan 2018 15:30:12 +0000

A two-day workshop involving over sixty financial investigators in Basel, Switzerland has seen Europol and Interpol agree upon a range of measures designed to ramp up efforts to combat the use of cryptocurrencies for money laundering and terrorist financing purposes. The event saw attendance from over 60 international financial investigators. Also Read: New Research: Laundering of […]

The post Europol and Interpol to Increase Measures Against BTC Laundering and Terrorism Financing appeared first on Bitcoin News.

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