Basel Committee on Banking Supervision

Basel Committee Warns Against Banking Digitalization Risks
Basel Committee Warns Against Banking Digitalization Risks
May 16, 2024  |  Banking

A global financial watchdog is warning against the risks of digitalization in the financial world. The Bank for International Settlements’ Basel Committee on Banking Supervision issued a report Thursday (May...

READ MORE >
Basel Chair: AI Regulation Should Be Coordinated Global Effort
Basel Chair: AI Regulation Should Be Coordinated Global Effort
January 15, 2024  |  artificial intelligence

The head of the world’s banking watchdog is calling for greater oversight of artificial intelligence. Pablo Hernández de Cos, chair of the Basel Committee on Banking...

READ MORE >
EU Assigns Highest Risk Weighting for Crypto Assets Requiring 1:1 Backing
EU Assigns Highest Risk Weighting for Crypto Assets Requiring 1:1 Backing
January 24, 2023  |  Cryptocurrency

European lawmakers are making the bloc’s financial institutions pony up to play with cryptocurrencies. This, as the European Parliament’s Economics and Monetary Affairs Committee on...

READ MORE >
Today In Payments Around The World: Sweden’s Klarna Notches $639 Million; Chinese Grocery Delivery Upstarts Seek To Go Public In US
Today In Payments Around The World: Sweden’s Klarna Notches $639 Million; Chinese Grocery Delivery Upstarts...
June 10, 2021  |  International

In today’s top payments news around the world, Klarna raised $639 million in equity funding, while two Chinese grocery delivery startups have filed to go...

READ MORE >
Bitcoin Daily: FTC Says Bitcoin Boom Draws Fraudsters; Basel Committee Advises Avoiding Crypto
Bitcoin Daily: FTC Says Bitcoin Boom Draws Fraudsters; Basel Committee Advises Avoiding Crypto
June 07, 2021  |  Bitcoin

A recent bitcoin boom is attracting scammers, The Wall Street Journal (WSJ) reported, citing the Federal Trade Commission (FTC). The lack of regulation and the...

READ MORE >