Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism

Share This Post

Basel Committee Gives Permissioned Stablecoins 'Preferential Treatment' in Finalized Crypto Asset Standard Amidst Heavy CriticismThe Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over those issued on public chains. This has elicited criticism from figures in the crypto community, who accuse the committee of attempting to […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Rejected At $120,000: Binance Whale Inflows Suggest Possible Drop To $110,000

Yesterday, Bitcoin (BTC) once again faced rejection around the $120,000 resistance level after briefly reaching a high of $119,760 At the time of writing, the top cryptocurrency is trading slightly

Consensys Taps DeFi Giant Aave for Metamask Stablecoin Yield

Consensys has integrated Aave’s lending protocol into Metamask, enabling users to earn yield on stablecoins directly within the wallet Aave Powers New MetaMask Stablecoin Yield Feature Consensys

Hyperscale Data begins executing $10M XRP plan, shares jump 12% amid announcement

Data center Hyperscale Data announced that it has begun purchasing XRP as part of a previously stated plan to acquire up to $10 million of the token, with the company’s shares jumping up to 12%

Ethereum Soars on $1.9B Inflows and ETF Optimism as BlackRock and SharpLink Double Down

Ethereum (ETH) is once again at the center of investor attention, pulling in a staggering $159 billion in inflows over the past week This marks the second-largest weekly inflow in Ethereum’s

The Blockchain Is Not Forever? Controversy Over Missing Ledgers On XRPL Draws Ripple’s CTO Attention

A long-standing issue concerning the XRP Ledger (XRPL) and Ripple has resurfaced, challenging the widely held belief that blockchain records are permanent and immutable New attention is being drawn

Sui (SUI) and Binance Coin (BNB) Attract Over $1B Combined from Corporate Investors 

The post Sui (SUI) and Binance Coin (BNB) Attract Over $1B Combined from Corporate Investors  appeared first on Coinpedia Fintech News The demand for top-tier altcoins – led by Ethereum (ETH),