All posts tagged "cryptoassets"
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457Capital / LiquidityBCBS Issues New Consultation on Banks’ Cryptoasset Exposures
Total bank exposures to Group 2 cryptossets would be capped at 1% of Tier 1 capital. Banks would be permitted to recognise hedging for certain Group 2 cryptoassets.
July 1, 2022 -
414AML / KYCTaiwan Central Bank Warns Against Investing in NFT Market
NFTs are not suitable for retail investors, due to a lack of regulation, liquidity, and clarity over ownership, the central bank says.
June 22, 2022 -
530AML / KYCUK Crypto Firms Required to Comply with Travel Rule by Sep 2023
The UK scrapped a proposal to require both fiat currency and cryptoasset transfers to be considered when calculating the de minimis threshold, which has been set at EUR 1,000.
June 21, 2022 -
386Crypto / Digital AssetsBOE Publishes Primer Explaining Plans for Possible CBDC
The BOE will seek views from the public later this year about the possible issuance of a CBDC in the "second half of the decade" at the earliest.
June 10, 2022 -
513Capital / Liquidity
BCBS Progresses Work on Climate Risk, Crypto Assets
The BCBS will soon publish its final set of principles on managing climate-related financial risks, and a second consultation on the treatment of banks' crypto-asset exposures.
June 1, 2022 -
642Crypto / Digital AssetsTerraUSD Collapse Highlights Need for Stablecoin Regulation: Yellen
The world's fourth largest stablecoin lost its peg this week, trading as low as 23 cents to the dollar on Wednesday.
May 12, 2022 -
801AML / KYCEuropean Crypto Firms Push Back Against Proposed Regulations
Crypto firms say requiring them to disclose transaction details and wallet addresses will undermine the privacy and safety of digital asset owners.
April 25, 2022 -
530AML / KYCTaiwan Central Bank Warns of Fraud Via Bitcoin ATMs
Bitcoin ATMs in Taiwan are being used to scam victims who attempt to transfer cash to specific accounts to purchase cryptoassets.
March 31, 2022 -
489Crypto / Digital Assets
FCA, BOE Offer New Guidance on Addressing Crypto Risk
Cryptoassets should be classified as an intangible asset for accounting purposes, meaning that in most cases direct holdings should be fully deducted from CET1.
March 25, 2022 -
962Crypto / Digital AssetsFSB Working on Global Regulatory Framework for Crypto
The FSB is reportedly "going full steam" on the issue of developing global regulatory standards for the crypto asset market.
February 11, 2022
