Questions tagged [basel framework]

Tommaso Wed Aug 28 2024 | 5 answers 1104

Are cryptoassets eligible for a new Prudential treatment under the Basel framework? It's a crucial question that's been on the minds of many in the cryptocurrency and finance sectors. With the growing popularity of digital assets, there's a pressing need for clear regulations and guidelines on how they should be treated from a prudential perspective. The Basel framework, which sets international standards for banking regulation, is a key player in this discussion. Will cryptoassets be granted a new Prudential treatment under these guidelines, or will they continue to be treated with caution and skepticism? It's a question that demands attention and careful consideration from regulators and policymakers alike.