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Basel Committee on Banking Supervision should pause crypto standard, industry says

By Neil Roland ( August 22, 2025, 21:53 GMT | Insight) -- Trade groups are urging the Basel Committee on Banking Supervision to temporarily pause implementation of its crypto-asset standard, due to go into effect on Jan. 1, 2026. The global standard-setter should seek updated information on use of distributed ledger technology and consider redesign and recalibration of the global banking standard for crypto asset exposures in light of recent market developments, said the eight associations, including the Institute of International Finance.Trade groups are urging the Basel Committee on Banking Supervision to temporarily pause implementation of its crypto-asset standard, due to go into effect on Jan. 1, 2026. ...

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