Global Banking Regulatory Body Endorses Guidelines for Banks to Publicly Reveal Crypto Exposure
The Basel Committee on Banking Supervision, comprised of various global banking regulators, has given the green light to frameworks allowing banks to disclose their involvement in cryptocurrencies, effective from January 2026.
As per the official announcement, the finalized disclosure framework devised by the committee encompasses a “standardized collection of public tables and templates outlining banks’ crypto exposures.” This move aims to boost transparency and market discipline by enabling banks to share crucial information regarding their crypto assets.
The committee emphasized that disclosing crypto exposure would contribute to “improving information accessibility and reinforcing market accountability.”
The official statement noted, “The framework is scheduled for release later this month, with enforcement set to commence on 1 January 2026.”
Originally, the Basel Committee had set a target for crypto disclosures to commence by January 2025; however, the deadline was extended by a year.
Furthermore, the Basel Committee addressed the regulatory implications of tokenized deposits and stablecoins on capital. Given the evolving landscape of these financial instruments, the risks associated with such products are deemed to be comprehensively addressed within the Basel Framework.
Crypto Exposure Disclosure
Earlier in January, the Independent Community Bankers of America (ICBA) highlighted the trend wherein some cryptocurrency exposures are managed by exchanges. These exchanges specialize in providing liquidity for specific digital assets or hold a vested interest in particular crypto tokens.
The ICBA expressed support for the Basel Committee’s efforts in establishing a comprehensive framework for disclosing exposure to crypto assets.
“The framework thoroughly encompasses the essential components required for complete disclosure of a bank’s exposure and elucidates the impact of such exposure on the organization’s financial statements,” stated the ICBA.
The recent initiative by global banking regulators arrives amidst a backdrop where crypto exposures have yet to permeate extensively into the traditional banking realm.
In a statement released last October, the Basel Committee underscored the importance for banks to disclose “quantitative details on crypto exposures” and liquidity prerequisites. This entails divulging information related to various business activities, such as direct asset ownership, customer account trading, equity investments in exchanges, and any crypto contracts issued by the bank.
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