币界网报道：Citigroup's UK CEO, David Livingstone, has warned that the Basel Committee's proposed crypto capital rules could push digital asset activities into less regulated sectors. Speaking at a financial conference, Livingstone expressed concerns that the strict requirements might drive crypto-related business away from traditional banks to shadow banking or offshore entities. The Basel rules, set to be implemented by 2025, would require banks to hold $1 in capital for every $1 of Bitcoin exposure. Livingstone argued this conservative approach doesn't adequately distinguish between different risk profiles of crypto assets. He suggested regulators should consider more nuanced frameworks that recognize varying risk levels across different cryptocurrencies and blockchain applications. The Citigroup executive emphasized the need for balanced regulation that maintains financial stability without stifling innovation or pushing activity into unregulated spaces. His comments come as global regulators continue grappling with how to oversee the rapidly evolving crypto sector while mitigating potential systemic risks.