Banks should be more cautious when setting aside capital to cover risks from unbacked cryptocurrency assets, the Bank of International Settlements’ (BIS’) Basel Committee said...
Banking bosses from the largest financial institutions in the U.S. and Europe have voiced their opposition to the cryptocurrency mandates handed down by the Basel...
The year is drawing to a close. Bitcoin hovers at $7,100 and change. Depending on how you view it, it’s a nice bounce off of...
The Basel Committee has said in a paper that a “prudential” regulatory framework should be constructed by stakeholders in a bid to address concerns over...
It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. According to Reuters, traditional banks will feel...
The European Union wants the Basel Committee on Banking Supervision to reexamine its rules governing banks’ capital requirements and restrictions on internal risk controls, according...