The United Kingdom’s bank regulator, the Prudential Regulatory Authority (PRA), will propose rules for issuing and holding digital assets, Bank of England (BOE) executive director of the Prudential Po...
Tag: Basel
Genuine NFT Artworks Debuted at Art Basel and Venice Biennale…
Suppose the Art Basel exhibition floor and the Venice Biennale had anything in common in 2022, apart from hosting mesmerizing works of inspiring art. In that case, it’s the presence of a new form of e...
All about Basel Committee’s oversight body and its latest on crypto regulations
The Basel Committee has called for bank regulation on crypto FTX’s downfall has raised concerns for crypto regulation globally The Group of Governors and Heads of Supervision overseeing the Basel Comm...
Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets – Regulation Bitcoin News
The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypt...
Basel Committee Endorses Global Crypto Banking Rules be Implemented by 2025
The classification conditions the committee have set out include ensuring crypto passes a redemption risk test and basis risk test. “The redemption risk test is to ensure that the reserve assets...
NFTs, Nonprofits and Longevity Intersect at Art Basel Miami
Just as Art Basel has expanded beyond its initial gallery showcases in Switzerland, where the international art fair was conceived, the pursuit of longer and more fulfilling lives has grown from the s...
Art Basel ATM begs the question: Why would you keep $9 million in a bank account?
This ATM is spitting out social commentary along with cold, hard cash. An installation by the Brooklyn art collective MSCHF stole the show at this year’s Art Basel Miami. The art piece, dubbed “ATM Le...
Art Basel Awakens To Black Culinary Creative Culture
Chef Mashama Bailey, Co-Owner of The Grey in Savannah, GA and Diner Bar in Austin, TX Mashama Bailey – American Express Art Basel Miami sits at the intersection of food, art and culture while sh...
Nifter™’s Art Basel Miami Launch Will Feature NFTs Backed by Ultra Rare Derek Jeter Cards, Full Band Signed QUEEN Memorabilia, and Many More.
BEVERLY HILLS, Calif.–(BUSINESS WIRE)–$CLIS #artbasel–ClickStream Corp. (OTC PINK: CLIS), a technology company focused on developing platforms that disrupt conventional industries, announced today tha...
Performance in Code: Deciphering Value in Generative Art Exhibition at Art Basel Miami Beach 2022, Powered by Tezos
Performance in Code: Deciphering Value in Generative Art, powered by energy-efficient blockchain Tezos in collaboration with generative art platform fxhash at Art Basel Miami Beach will be on public v...
Art Basel: the new blockchain for art is born
Founded by Art Basel‘s parent company MCH Group and the LUMA Foundation, Arcual is a new blockchain that puts artists at the center of the ecosystem. The goal, as explained in the press release issued...
State of the Art Exhibition at Paris+ par Art Basel 2022, Presented by Tezos
State of the Art, Presented by Tezos at Paris+ par Art Basel will be on public view from October 20-23, 2022 at the Grand Palais Éphémère. The exhibition will feature four prints by visionary generati...
Basel Committee crypto-asset prudential treatment proposals get detailed responses
The comment period has ended for the Basel Committee on Banking Supervision’s (BCBS) “Second Consultation on the Prudential Treatment of Cryptoasset Exposures,” a document published in June 2022. Int...
19 of the World’s Largest Banks Hold Nearly $9B in Digital Assets: Basel Committee Survey
According to a survey by the Basel Committee, 19 of the world’s largest banks hold nearly $9 billion in digital assets, and banks holding crypto assets may account for only 0.01% of total Bank f...
Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets – Bitcoin News
A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto a...
Curing Cancer Takes A Global Village: Cancer Moonshot Pathways
BeiGene CEO John Oyler BeiGene Note: President Joe Biden in February launched a “Cancer Moonshot” initiative that aims to reduce the death rate from cancer by 50% in the next 25 years. This is a part ...
Elon Musk Accused of Affair with Sergey Brin’s Wife at Art Basel Miami
Elon Musk, crypto enthusiast at large, has been accused of having a canoodle with Mrs Google – the wife of Sergey Brin, Nicole Shanahan. Brin is an American computer scientist who co-founded Google wi...
Basel Committee Proposes Cap For Banks’ Bitcoin Holding
The Basel Committee on Banking Supervision issued its second consultation on the prudential treatment of the crypto asset exposure. One of its proposals seeks to set a cap for Bitcoin holding at 1%. B...
Banks’ exposure to risky cryptocurrencies should be limited to 1%, Basel Committee proposes
The consultation paper proposes dividing crypto assets into Groups 1 and 2. Group 1 consists of tokenized traditional assets such as stocks issued on the blockchain and stablecoins that meet classific...
AT ART BASEL, MARINA ABRAMOVIĆ ANNOUNCES FIRST-EVER NFTS THE HERO 25FPS ON TEZOS
LONDON, UK, 22nd June, 2022, Chainwire At Art Basel, world renowned performance artist Marina Abramović announced in a panel discussion that she will launch her first ever NFTs titled The Hero 25FPS o...
Chance Encounters in New Mediums: The Generative Art Renaissance at Art Basel in Basel 2022, Presented by Tezos
Basel, Switzerland, 14th June, 2022, Chainwire “Chance Encounters in New Mediums: Generative Art, Presented by Tezos,” will be on view from June 16-19, 2022 at Art Basel in Basel and will explore a li...
Basel Committee presses on with restrictive requirements for banks’ crypto holdings
The Basel Committee on Banking Supervision met Friday and discussed cryptocurrency, among other topics. The committee stated that it would soon publish its second consultative paper with the intention...
Basel Committee to issue second consultation on crypto
advertisement The global standard setter for banking regulation want to finalize its treatment of crypto assets near the end of this year. The Basel Committee on Banking Supervision (BCBS) published a...
Tezos Generative NFTs Features At Art Basel Hong Kong 2022
International Art fair staged by Art Basel Hong-Kong stay ahead supporting the digital art of work. In Its 2022’s exhibition, held from May 27 to 29, the event mainly brought Non-fungible tokens (NFT)...