A top global banking regulator wants financial institutions to take more responsibility in outsourcing services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
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 in a series of proposals Thursday (June 30). Get the Full Story Complete the form to unlock this article and...
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 Committee for Banking Supervision (BCBS), which proposes strict capital requirements for every dollar of bitcoin owned. Get the Full Story...
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 nadirs of below $4,000 earlier in the year but well off 2019 highs that broke through $11,000 … and a...
December 11, 2024
A global banking watchdog introduced new guidelines covering counterparty credit risk (CCR) management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]
July 09, 2024
A top global banking regulator wants financial institutions to take more responsibility in outsourcing services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
June 30, 2022
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 in a series of proposals...
September 21, 2021
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 Committee for Banking Supervision (BCBS),...
