[Basel Committee Reassesses Bank Cryptocurrency Capital Rules] After the United States and the United Kingdom refused to implement the current cryptocurrency capital rules, the Basel Committee on Banking Supervision (BCBS) plans to reevaluate the relevant policies. Erik Thedéen, Governor of the Swedish Central Bank and Chair of the BCBS, stated that the 1250% risk weight set for cryptocurrency exposures may need adjustment. Law firm White & Case explained that this risk weight requires credit institutions to hold self-owned funds equivalent to their cryptocurrency asset exposures. Thedéen pointed out that the rapid growth of regulated stablecoins has influenced policy-making and suggested the need to reanalyze stablecoin risks and their regulatory approaches. Some banks believe the existing framework hinders their participation in cryptocurrency and stablecoin services. At the end of October, the Basel Committee began reviewing the rules originally scheduled to take effect in 2026.