Golden Finance reported that the Basel Committee has released an update to its compliance rules for crypto assets banks. It also released a final disclosure framework. The changes to the rules appear relatively minor compared to previous plans. In the latest consultation, the committee threatened to treat traditional digital securities on public blockchains as having the same risks as cryptocurrencies. This would prevent banks from participating in tokenization initiatives on public blockchains because they are too costly. However, the changes do not mention permissionless blockchains at all, which is good news for bank tokenization efforts. Similarly, the two biggest proposed changes regarding stablecoins were deleted from the final changes. The consultation suggested that all stablecoin reserves must be placed in bankruptcy remote tools. This is a problem for stablecoin reserves held in bank accounts, while Europe's MiCA regulations require a high proportion of reserves to be held in banks. The final Basel rules provide an exception for bank balances. The Basel Committee also considers prohibiting the use of securities financing transactions such as repurchases and reverse repurchases in stablecoin reserves. Although the Basel announcement states that reverse repurchases are restricted, this is not very clear and seems to be at the discretion of national regulators. At the same time, the committee had previously postponed the implementation of these rules until January 2026.