TechFlow reported on July 3 that, according to official announcements, the Basel Committee has approved a disclosure framework for banks' exposures to crypto assets and agreed on targeted revisions to its crypto asset standards. The new disclosure framework will include a set of standardized public forms and templates designed to enhance information availability and support market discipline, with implementation scheduled for January 1, 2026. In addition, the Committee has approved a series of revisions to the prudential standards for crypto assets, particularly regarding criteria for stablecoins to qualify for preferential "Group 1b" regulatory treatment. The revised standards will be published later this month and also take effect on January 1, 2026.
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