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Cryptocurrency Cointelegraph

US and UK revolt forces Basel to rethink brutal crypto capital rules for banks

Basel’s toughest crypto rules are under review as the US, UK, and the EU diverge, with booming stablecoin adoption forcing a rethink of 1,250% capital charges, the group’s chair told the FT.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US and UK revolt forces Basel to rethink brutal crypto capital rules for banks

Basel’s toughest crypto rules are under review as the US, UK, and the EU diverge, with booming stablecoin adoption forcing a rethink of 1,250% capital charges, the group’s chair told the FT.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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