Search results for Basel
Crypto
Eight big U.S. banks press for easing Basel capital rules; focus on Treasury market liquidity and bitcoin impact
Major U.S. banks are seeking to ease capital rules introduced after the 2008 financial crisis, arguing the Basel framework being pursued could reduce U.S. Treasury market liquidity and weaken market functioning. Regulators are reviewing possible adjustments to balance financial stability and market efficiency. Banks say the new Basel capital rules could sharply raise trading-unit capital burdens. Markets are watching potential effects on lending capacity, liquidity and risk appetite, including possible spillovers to bitcoin and stablecoins.
Industry
Samsung Electronics unveils Art Basel in Basel 2026 collection
Samsung Electronics unveiled the Art Basel in Basel 2026 collection on its Samsung Art Store art TV subscription service on Sunday. The company said the launch is based on its partnership with Art Basel. Samsung Art Store, available in more than 117 countries, offers about 5,000 works in 4K from more than 80 partners and over 800 artists. The new collection includes 24 works selected by eight galleries.
Crypto
U.S. Republican senators urge review of bank capital rules for bitcoin holdings
Republican U.S. senators urged financial regulators to revisit bank capital rules for digital assets, saying current standards impose excessive burdens on holdings such as bitcoin. A joint letter sent on May 27 to the Federal Reserve, FDIC and OCC called for a fairer, more consistent framework for digital assets on banks’ balance sheets. Lawmakers also questioned the Basel Committee’s 1,250 percent risk weight for certain cryptocurrencies.
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Finance
National Participation Growth Fund sells out as financial sector steps up payment ecosystem expansion
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Finance
Basel 3 dilemma raises fears of productive finance squeeze amid stronger soundness rules
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Industry
Samsung Electronics to show Art Basel Hong Kong 2026 works, also unveil Lee Kun-hee collection
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Finance
KOSPI reclaims 5,500 on war wind-down mood; FSS moves on margin trading risks
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Finance
FSS chief urges banks to curb household debt and strengthen consumer protection
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Crypto
XRP seen as possible BIS Tier-1 asset, raising talk of a move to $22