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Basel Committee Addresses Risks Around Permissionless Blockchains: Details
n an official blog post, the Basel Committee on Banking Supervision (BCBS) clarified that its concern isn't with blockchains being public but rather with the fact that these networks are permissionless. The distributed governance model of permissionless blockchains is a significant source of concern for banking systems, according to the BCBS paper.
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Indian Fintech Firms Calls Basel Committee's Crypto Rules Transparency-Driven, Progressive
Indian fintech firms have hailed the Basel Committee of Banking Supervision's (BCBS) crypto rules, and called the decision progressive and driven towards bringing more transparency to the relationship between cryptocurrencies and banks on an international level.
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Basel Committee Addresses Risks Around Permissionless Blockchains: Details
n an official blog post, the Basel Committee on Banking Supervision (BCBS) clarified that its concern isn't with blockchains being public but rather with the fact that these networks are permissionless. The distributed governance model of permissionless blockchains is a significant source of concern for banking systems, according to the BCBS paper.
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Indian Fintech Firms Calls Basel Committee's Crypto Rules Transparency-Driven, Progressive
Indian fintech firms have hailed the Basel Committee of Banking Supervision's (BCBS) crypto rules, and called the decision progressive and driven towards bringing more transparency to the relationship between cryptocurrencies and banks on an international level.
