📣 Big news, #CryptoTwitter! The Basel Committee has given the green light to a disclosure framework for banks' exposure to crypto, set to be implemented by 2026. 🏦💰

This framework, aimed at supporting market discipline and risk evaluation, will be published later this month. It includes public tables and templates covering banks' crypto asset exposures. 📑🔍

Banks will be required to disclose both qualitative info on their crypto activities and quantitative info on their exposure to crypto. 📊🔢

Also, revisions to the crypto asset prudential standard have been approved, aiming to promote a consistent understanding of the standard. 🔄🧐

So, what do you think this means for the future of #crypto and banking? Let's discuss below! 👇 #BlockchainNews