{"id":7709,"date":"2025-11-14T02:27:43","date_gmt":"2025-11-14T02:27:43","guid":{"rendered":"https:\/\/acudc.com\/?p=7709"},"modified":"2025-11-14T02:28:26","modified_gmt":"2025-11-14T02:28:26","slug":"basel-committee-explores-how-banks-can-mitigate-permissionless-blockchain-risks","status":"publish","type":"post","link":"https:\/\/acudc.com\/zh\/basel-committee-explores-how-banks-can-mitigate-permissionless-blockchain-risks\/","title":{"rendered":"Basel Committee explores how banks can mitigate permissionless blockchain risks"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"7709\" class=\"elementor elementor-7709\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"501\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2025\/11\/News1114.01.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2025\/11\/News1114.01.png 800w, https:\/\/acudc.com\/wp-content\/uploads\/2025\/11\/News1114.01-300x188.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2025\/11\/News1114.01-768x481.png 768w, https:\/\/acudc.com\/wp-content\/uploads\/2025\/11\/News1114.01-18x12.png 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2><!-- wp:list --><\/h2>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul><!-- wp:list-item --><\/ul>\n<\/li>\n<\/ul>\n<p>Image by Ledger Insights<\/p>\n<p>\u00a0<\/p>\n<p>Yesterday the Basel Committee on Banking Supervision (BCBS) published a paper exploring the risks of permissionless blockchains and how they can be addressed. Of late, the Basel Committee has emphasized that it doesn\u2019t believe that banks can sufficiently mitigate permissionless blockchain risks. Hence, the crypto rules for banks make it very expensive for them to hold assets on permissionless blockchains, including digital securities or tokenized versions of conventional securities. Digital securities issued on permissioned blockchains are more-or-less treated like conventional securities.<\/p>\n<p>Most public blockchains are permissionless. However, the Basel Committee doesn\u2019t have such an issue with the public aspect. It\u2019s the permissionless aspect that it sees as a bigger problem.<\/p>\n<p>The paper represents the author\u2019s views, not necessarily those of the Basel Committee. It outlines the known issues, such as the risks of a hard fork of the blockchain and lack of oversight over validators. It explores KYC, AML and CFT challenges and the lack of settlement finality on many DLTs.<\/p>\n<p>\u00a0<\/p>\n<p>Retrieved from: <a href=\"https:\/\/www.ledgerinsights.com\/basel-committee-explores-how-banks-can-mitigate-permissionless-blockchain-risks\/\">https:\/\/www.ledgerinsights.com\/basel-committee-explores-how-banks-can-mitigate-permissionless-blockchain-risks\/<\/a><\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":7708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[38],"_links":{"self":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/7709"}],"collection":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/comments?post=7709"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/7709\/revisions"}],"predecessor-version":[{"id":7713,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/posts\/7709\/revisions\/7713"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/media\/7708"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/media?parent=7709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/categories?post=7709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/zh\/wp-json\/wp\/v2\/tags?post=7709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}