{"id":8776,"date":"2026-02-16T10:25:46","date_gmt":"2026-02-16T10:25:46","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/8776\/"},"modified":"2026-02-16T10:25:46","modified_gmt":"2026-02-16T10:25:46","slug":"basel-committee-confirms-expedited-review-of-crypto-rules-updated-ledger-insights","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/8776\/","title":{"rendered":"Basel Committee confirms expedited review of crypto rules (updated) &#8211; Ledger Insights"},"content":{"rendered":"<p>Industry associations have repeatedly requested reviews of the <a href=\"https:\/\/www.ledgerinsights.com\/tag\/basel-committee\/\" rel=\"nofollow noopener\" target=\"_blank\">Basel crypto rules<\/a> for banks this year, particularly because the rules treat <a href=\"https:\/\/www.ledgerinsights.com\/stablecoins\/\" rel=\"nofollow noopener\" target=\"_blank\">stablecoins<\/a> as equivalent to the riskiest cryptocurrencies due to their issuance on permissionless blockchains. Following the meetings of the Basel Committee for Banking Supervision (BCBS) on 18 and 19 November, the BCBS said in a statement that the Committee agreed to \u201cexpedite a review of targeted elements of the standard.\u201d<\/p>\n<p>Earlier this week BCBS Chair Erik Thed\u00e9en confirmed to the <a href=\"https:\/\/www.ft.com\/content\/a02072d6-2444-44e2-99b4-cfd427d90cc0\" rel=\"nofollow noopener\" target=\"_blank\">Financial Times<\/a> that the Committee was revisiting the <a href=\"https:\/\/www.ledgerinsights.com\/tag\/basel-committee\/\" rel=\"nofollow noopener\" target=\"_blank\">Basel crypto rules<\/a>, as <a href=\"https:\/\/www.ledgerinsights.com\/basel-committee-considering-revisiting-bank-crypto-rules-re-stablecoins-report\/\" rel=\"nofollow noopener\" target=\"_blank\">Bloomberg reported<\/a> last month. <\/p>\n<p>\u201cThe focus back then was very much on the bitcoins of this world,\u201d said Thed\u00e9en, referring to the initial rule development. \u201cNow of course everyone is talking about stablecoins. Permissionless ledgers: are these as risky as we thought? Or is there an argument we can look at this in a different way? We need to start analysing. But we need to be fairly quick on it.\u201d While the rules were formulated a few years ago, just last year the Basel Committee explicitly <a href=\"https:\/\/www.ledgerinsights.com\/basel-crypto-rules-receive-minor-updates-no-permissionless-blockchain-changes\/\" rel=\"nofollow noopener\" target=\"_blank\">reaffirmed that permissionless<\/a> blockchain usage would result in the riskiest classification.  <\/p>\n<p>Article continues \u2026<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"70\" height=\"119\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/02\/subscriber-padlock-small.png\" alt=\"subscriber padlock\" class=\"wp-image-39468\" style=\"width:55px\"\/><\/p>\n<p style=\"padding-top:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);font-size:14px\">Want the full story? <a href=\"https:\/\/pro.ledgerinsights.com\/pricing\/\" rel=\"nofollow noopener\" target=\"_blank\">Pro subscribers<\/a> get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.<\/p>\n","protected":false},"excerpt":{"rendered":"Industry associations have repeatedly requested reviews of the Basel crypto rules for banks this year, particularly because the&hellip;\n","protected":false},"author":2,"featured_media":8777,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[8],"tags":[77,7022,7023,7024,7025,1899,7026,7027,7028,7029,7030,7031,7032],"class_list":["post-8776","post","type-post","status-publish","format-standard","has-post-thumbnail","category-basel","tag-basel","tag-basel-committee","tag-bcbs","tag-bis","tag-blockchain","tag-cryptocurrency","tag-digital-assets","tag-digital-currency","tag-digital-securities","tag-distributed-ledger","tag-dlt","tag-permissionless","tag-stablecoin"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/8776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=8776"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/8776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/8777"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=8776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=8776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=8776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}