UK to introduce restrictive banking crypto asset regulation rules
2025/06/19 07:54
PANews reported on June 19 that according to CoinDesk, David Bailey, executive director of prudential policy at the Bank of England, said that the UK plans to introduce stricter regulatory rules for bank crypto asset exposure by 2026 to maintain financial stability. The proposal will adopt the Basel Committee's recommendations and may limit exposure to highly volatile assets such as Bitcoin to less than 1%. Bailey said in London that it is more appropriate to take a more conservative approach to bank crypto risks at this stage.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Trader 0xb8b9's winning streak is challenged, and the current position loss exceeds 2 million US dollars
According to PANews on June 20, according to Lookonchain monitoring, the on-chain address 0xb8b9 has won 29 consecutive long transactions, with a cumulative profit of more than 2.3 million US
Share
PANews2025/06/20 11:19
BounceBit launches high leverage contract platform BounceBit Trade
PANews reported on June 20 that BounceBit officially launched its new contract trading platform BounceBit Trade, which supports up to 50x leverage, USDT margin and settlement, 50+ crypto asset trading
Share
PANews2025/06/20 11:17
Trump to hold national security meeting at 11 p.m.
PANews reported on June 20, market news: US President Trump will hold a US National Security Meeting at 11 a.m. Eastern Time on Friday (11 p.m. Beijing Time).
Share
PANews2025/06/20 10:37