📣 Big news from the Basel Committee on Banking Supervision! They've approved a disclosure framework for banks' crypto exposure, set to be implemented by 2026. This move aims to support market discipline and provide sufficient info to evaluate risks.

The framework, which includes public tables and templates for banks' crypto asset exposures, requires banks to disclose both qualitative and quantitative info on their crypto activities.

The committee also approved targeted revisions to the crypto asset prudential standard, promoting a consistent understanding of the standard, especially regarding the criteria for stablecoins.

Details will be published later this month. What are your thoughts on this move towards transparency in the crypto banking sector? Let's discuss in the comments! 💬