BCBS D490

Definition

BCBS D490 is a document published by the Basel Committee on Banking Supervision on December 2019 in the Fintech category.

Title

Discussion paper - Designing a prudential treatment for crypto-assets.

Abstract

The Committee is publishing this discussion paper to seek the views of stakeholders on a range of issues related to the prudential regulatory treatment of crypto-assets, including:

the features and risk characteristics of crypto-assets that should inform the design of a prudential treatment for banks' crypto-asset exposures
general principles and considerations to guide the design of a prudential treatment of banks' exposures to crypto-assets, including an illustrative example of potential capital and liquidity requirements for exposures to high-risk crypto-assets

The Committee welcomes comments on the analyses and ideas set out in this paper from all stakeholders, including academics, banks, central banks, finance ministries, market participants, payment system operators and providers, supervisory authorities, technology companies and the general public.

Comments on any element of this discussion paper should be submittedhereby 13 March 2020.All comments may be published on the BIS website unless a respondent specifically requests confidential treatment.

Document Profile

Publication Date: December 2019
Publication Type: Consultative
Publication Status: Closed
Publication Category: Fintech
Number of Pages: 18
Keywords: Fintech

Disclaimers

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