🎉Hold your horses, crypto enthusiasts! The Basel Committee's been busy cooking up some spicy new rules for banks' crypto exposure. 🌶️ Part of the Basel III reforms, these rules aim to boost EU banks' resilience. The committee's been pondering on this since 2019, and now, they're ready to serve it hot!

Stablecoins, you ask? They've got a new tag - 1b, but those with "ineffective stabilisation mechanisms" are in the high-risk Group 2. 🚀 The committee also plans to introduce a maximum maturity limit for banks' reserve assets.

The cherry on top? These changes will kick in from Jan 1, 2026. So, what do you think about these new rules? Comment below! 💬