trending Market Intelligence /marketintelligence/en/news-insights/trending/gacDdbI3vzH1pYyYAGJZ1g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Basel Committee posts discussion paper on prudential treatment of crypto-assets

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Basel Committee posts discussion paper on prudential treatment of crypto-assets

The Basel Committee on Banking Supervision published Dec. 12 a discussion paper to seek views on a range of issues related to the prudential regulation of crypto-assets from various stakeholders and market participants.

The committee is looking to discuss the design of a prudential treatment for banks' crypto-asset exposures based on their features and risk characteristics. It is also keen to assess an illustrative example of potential capital and liquidity requirements for exposures to high-risk crypto-assets.

In March, the committee warned that financial products related to crypto-assets and of trading platforms offering them could have implications for financial stability and increase the risks that banks face. In January 2018, the estimated market capitalization of crypto-assets exceeded $800 billion, and since certain types of crypto-assets are not legal tender and not backed by governments or public authorities, banks should apply a conservative prudential treatment to such exposures, according to the committee.

Certain crypto-assets — which are sometimes referred to as "stablecoins" — have the potential to become systemically important, but require further assessment before identifying a prudential treatment, the committee said.

The committee will seek stakeholder input and issue a consultation paper should it specify a prudential treatment. A specified regulation will establish a minimum standard for international banks, while different countries will be allowed to apply additional conservative measures if required.

Comments on the discussion paper by stakeholders, including banks, central banks, finance ministries, payment system operators and providers, supervisory authorities, technology companies and the general public are to be submitted by March 13, 2020, the committee said.