Odaily Planet Daily News: The Central Bank Governors and Supervisory Supervisors Group (GHOS) of the Bank for International Settlements (BIS) has approved a global prudential regulatory standard for banks' exposure to crypto assets, which will allow banks to have a 2% exposure to crypto reserves. The standard was developed by the Basel Committee on Banking Supervision and will be fully implemented on January 1, 2025. BIS stated that unsecured crypto assets and stablecoins with invalid stability mechanisms will be treated conservatively and prudently, and the standard will provide a robust and prudent global regulatory framework for internationally active banks' exposure to crypto assets to promote responsible innovation while maintaining financial stability.