PANews reported on November 19th, citing Cointelegraph, that global banking regulators are preparing to re-examine the strictest cryptocurrency rules, following refusal from the US and UK to implement them. This move could undermine the long-standing consensus reached by the Basel Committee. Erik Thedéen, Governor of the Swedish Central Bank and Chairman of the Basel Committee on Banking Supervision (BCBS), pointed out that the current 1250% risk weighting for cryptocurrency exposure may need to be "re-applied." The law firm White & Case explained that applying this risk weighting requires credit institutions to hold at least an equivalent amount of their own funds in crypto assets. The rapid growth of regulated stablecoins has already changed the policy landscape. Thedéen stated that the significant increase in the number of stablecoins necessitates new measures and rapid analysis. He also questioned the risks of stablecoins, exploring whether these assets could be treated "differently."

Many banks view the existing framework as an obstacle to participating in cryptocurrency and stablecoin services. Thedéen echoed these concerns, stating that the increasing adoption of stablecoins necessitates a re-analysis and a potentially more lenient stance. However, reaching an agreement remains extremely difficult due to disagreements among regulators on core assumptions such as the risk profile of cryptocurrencies and the role of banks in issuing digital assets.

Earlier reports from late October indicated that the Basel Committee was reviewing the capital rules for banks' crypto assets, which were originally scheduled to take effect next year .