May 24, 2024

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Global Banking Authorities Extend Crypto Regulatory Framework Deadline

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Global Banking Authorities Extend Crypto Regulatory Framework Deadline
Global Banking Authorities Extend Crypto Regulatory Framework DeadlineThe Group of Central Bank Governors and Heads of Supervision (GHOS) has reviewed the implementation of Basel III reforms and postponed the crypto asset standard implementation date to January 1, 2026. Basel III, finalized in 2017, continues to see widespread adoption, with two-thirds of member jurisdictions expected to implement the reforms fully or partially by […]