A Federal Reserve official recently laid out several key priorities for financial oversight. The remarks touched on how nonbank entities are becoming major players in the lending space—a shift that's reshaping traditional finance.

On the regulatory front, there's a push to finalize Basel framework reforms. These international banking standards have been in discussion for years, and completing them remains a critical goal. Equally important? Revisiting the surcharge system for globally systemically important banks.

But here's what caught attention: stablecoins are officially on the regulatory roadmap. Work is underway to establish capital and liquidity requirements for these digital assets—a clear signal that regulators are preparing for crypto's integration into mainstream finance.

The message to traditional banks? They need the authority and tools to compete. The statement cut off, but the implication is clear: regulated institutions want a level playing field as the financial landscape evolves.

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JustHereForMemes

· 12-01 22:03

Stablecoins are finally going to be regulated, and now those wild projects are going to be in trouble.

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ImaginaryWhale

· 12-01 21:58

Stablecoins are going to be trapped by strict regulations, such quick oversight? --- Here we go again, traditional banks want fair competition, but they have long been comfortable within the regulatory framework. --- Non-bank institutions are all scrambling for business, banks are finally panicking, haha. --- Once capital requirements come in, the issuance cost of stablecoins will take off, now this is interesting. --- The Basel framework has been dragging on for so many years, can it really be implemented? I see it's doubtful. --- Is it a good thing or a disaster that regulation is bringing crypto into mainstream finance? I really can't tell. --- Until the rules are clear, I'll just watch the show. --- This means stablecoins need to be compliant, but the real standards haven't been released yet, isn't that awkward? --- Is the time to eliminate non-banks finally here? --- The Fed is putting shackles on crypto.

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TokenomicsPolice