US Leads Global Push to Revise Bank Crypto Standards Ahead of 2026 Deadline

The United States is taking the lead in a global effort to redefine banking regulations around cryptocurrency, aiming for changes before the deadline set for 2026. The push stems from a significant shift in the stablecoin sector since the Basel Committee on Banking Supervision introduced its initial framework in 2022. This rapid expansion has raised questions about whether current rules are suitable for today’s market environment.