Basel Committee BCBS: Banking industry must disclose exposure to cryptocurrencies from 2026

This site (120BtC.coM): The "Basel Committee on Banking Supervision (BCBS)" jointly established by the central banks of the world's 10 largest industrial countries has recently approved a risk disclosure framework, which is expected to be implemented on January 1, 2026. Banks will then be required to disclose their exposure to cryptocurrencies.

The Basel Committee on Banking Supervision is the main standard setter for global banking compliance. It is under the jurisdiction of the Bank for International Settlements (BIS) and is mainly represented by central bank officials and bank supervisory authorities from the United States, Europe, Japan and other countries.

According to a statement issued by the committee on Wednesday, the newly finalized framework includes a set of public forms and templates for banks to use to "disclose crypto asset risk exposures." For example, banks must clearly state their involvement in crypto assets. Currency activity and provide relevant data on cryptocurrency exposure.

The statement pointed out that the risk disclosure requirements aim to enhance information transparency and ensure that there is sufficient information to assess risks, so as to maintain market discipline.

In addition, the Basel Committee on Banking Supervision also discussed the prudential impact of banks as potential issuers of "tokenized deposits" and "stable coins", and stated that it will continue to pay attention to related areas and other developments in the crypto asset market.

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