🚀Basel Committee, the crypto watchdog, has given a thumbs up to a framework for banks' crypto exposure. Get ready for some serious crypto-disclosure by 2026, folks!💼

🔍The framework aims to ensure there's enough info for risk evaluation. It's like a crypto X-ray for banks - no more hiding those Bitcoin under the mattress!🔦

📊The framework includes public tables & templates for banks' crypto asset exposures. Banks will have to spill the beans on their crypto activities and exposure. It's like a reality TV show, but for banks and crypto!🎥

🔄Also, some revisions to the crypto asset prudential standard got the green light. These aim to promote a consistent understanding of the standard, especially for stablecoins.🎯

So, what do you think? Will this bring more transparency or just more paperwork? Share your thoughts below!👇 #DeFi #Web3 #CryptoNews