Crypto Banking Rules Face Overhaul as Global Regulators Sound the Alarm on Stablecoins

Global banking regulators are preparing to overhaul rules on how banks handle crypto assets, particularly stablecoins, as pressure mounts from major economies and industry groups to revise stringent capital requirements set to take effect next year. Global regulators are reviewing banking rules on crypto holdings, especially stablecoins, due to take effect next year. The original…