BIS issues crypto exposure warning to banks

Published: 15/03/2019
BIS issues crypto exposure warning to banks
Source: FSTECH.CO.UK

Cryptocurrencies could pose a risk to financial stability and increase the number of risks faced by banks, according to the Bank for International Settlements (BIS). In a statement, the BIS’ Basel Committee, which develops regulatory standards for central banks around the world, said that the increasing in bank exposure to the spread of crypto asset trading platforms and crypto currencies such a

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