Banks' Capital Rules When Holding Crypto Need to Be Reworked, Says Basel Chair: FT

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Why This Matters

Erik Thedéen, the Basel Chair, emphasized the need for a reevaluation of capital rules for banks holding cryptocurrencies, highlighting the resistance from the U.S. and U.K. to adopt existing regulations. This suggests potential regulatory changes that could impact the crypto market significantly.

Market Impact

Market impact analysis based on neutral sentiment with 68% confidence.

Sentiment
Neutral
AI Confidence
68%

Article Context

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Erik Thedéen said a different approach is needed as the U.S. and U.K. refused to implement the rules already set out.

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Original article published by Unknown on November 19, 2025.
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