{"id":1815,"date":"2021-06-10T16:54:52","date_gmt":"2021-06-10T14:54:52","guid":{"rendered":"http:\/\/costops.com\/index.php\/2021\/06\/10\/global-banking-regulators-call-for-toughest-rules-for-cryptocurrencies\/"},"modified":"2021-06-10T16:54:52","modified_gmt":"2021-06-10T14:54:52","slug":"global-banking-regulators-call-for-toughest-rules-for-cryptocurrencies","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/06\/10\/global-banking-regulators-call-for-toughest-rules-for-cryptocurrencies\/","title":{"rendered":"Global banking regulators call for toughest rules for cryptocurrencies"},"content":{"rendered":"<p>Growth of crypto-assets threatens financial stability and could increase risks faced by banks, they warn<\/p>\n<p>Global regulators have said cryptocurrencies such as bitcoin should come with the toughest bank capital rules to avoid putting the wider financial system at risk should their value collapse suddenly.<\/p>\n<p>The Basel Committee on Banking Supervision, which consists of regulators from the world\u2019s leading financial centres, is proposing a \u201cnew conservative prudential treatment\u201d for crypto-assets that would force banks to put aside enough capital to cover 100% of potential losses.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/jun\/10\/global-banking-regulators-cryptocurrencies-bitcoin\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/c736b65b6cd883fd09e9fec77e970eb497a2ead2\/0_164_4000_2398\/master\/4000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=9f3c98a31ed34a8f7a1620df2883a5da\" title=\"Global banking regulators call for toughest rules for cryptocurrencies\" \/>Growth of crypto-assets threatens financial stability and could increase risks faced by banks, they warn<br \/>\nGlobal regulators have said cryptocurrencies such as bitcoin should come with the toughest bank capital rules to avoid putting the wider financial system at risk should their value collapse suddenly.<br \/>\nThe Basel Committee on Banking Supervision, which consists of regulators from the world\u2019s leading financial centres, is proposing a \u201cnew conservative prudential treatment\u201d for crypto-assets that would force banks to put aside enough capital to cover 100% of potential losses. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Growth of crypto-assets threatens financial stability and could increase risks faced by banks, they warn Global regulators have said cryptocurrencies such as bitcoin should come with the toughest bank capital rules to avoid putting the wider financial system at risk should their value collapse suddenly. The Basel Committee on Banking Supervision, which consists of regulators &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/06\/10\/global-banking-regulators-call-for-toughest-rules-for-cryptocurrencies\/\"> <span class=\"screen-reader-text\">Global banking regulators call for toughest rules for cryptocurrencies<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":1816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/1815"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=1815"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/1815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/1816"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=1815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=1815"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=1815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}