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Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment

Posted on 12/15/2023

Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment

The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.

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