BlockBeats News, October 16th, according to Bloomberg, the Chairman of the Basel Bank Supervision Committee said on Wednesday that the rapid growth of stablecoins may prompt global policymakers to reassess the new bank capital standards for crypto assets.
“Currently, the focus of attention is on stablecoins,” said Erik Thedéen, who also serves as the Governor of the Swedish central bank, at a conference. However, he pointed out that stablecoins are not a “core focus” when policymakers develop new capital rules for crypto assets in 2022.
These rules establish standardized risk weights for banks holding crypto assets and are scheduled to take effect in 2026. Thedéen said: “This is also one of the reasons we may need to discuss and evaluate.”
