July 23, 2024
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Basel Committee Seeks To Tighten Regulatory Standards For Stablecoins

The Basel committee is seeking to tighten the regulatory standard guiding stablecoins. The committee has set stricter stablecoins criteria. The cryptocurrency industry has come under heightened scrutiny as financial regulators worldwide seek to tighten oversight on the asset class. Against this backdrop, the regulatory body responsible for consulting on targeted adjustments, Basel Committee for Banking

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