Basel Committee to consult on stablecoin capital requirements

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The Basel Committee on Banking Supervision has agreed to consult on standards for crypto assets held by banks as it continues to investigate their risk and associated capital requirements.

During its meeting held on December 5–7, the committee also said it will consult on interest rate risk in the banking book and the problem of global systemically important banks (G-Sibs) artificially reducing their risk profile during reporting periods.

The Basel Committee divides crypto assets into Group 1 and

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