📣Crypto-lovers, buckle up! The Basel Committee is shaking things up for banks' crypto exposure. Remember Basel III reforms? They're back in the spotlight, aiming to boost EU banks' resilience. 🏦💪

The committee proposed a crypto disclosure framework in December 2022, and after some tweaks and a public comment period, we're expecting updated standards later this month. 📜

Crypto could be classified as high-risk, requiring banks to hold capital equal to their crypto exposure. Stablecoins, however, might get a softer treatment, unless they have "ineffective stabilisation mechanisms". 🎢

The committee also discussed banks issuing stablecoins. They concluded that risks are "broadly captured by the Basel Framework", but will keep an eye on it. 👀

Changes will kick in on Jan. 1, 2026. So, what do you think? Will this be a game-changer or just another bump in the crypto road? Share your thoughts below! 👇