March 18, 2019 BY Valentina Kirilova

Basel supervision arm of the BIS expresses risk warnings for cryptoassets

Crypto Winter’s consequences are now reaching global standard setting bodies for the banking establishment. Up to now, crypto related assets have been below the radar, so to speak, from an overall risk perspective, but the Basel Committee on Banking Supervision (BCBS), under the auspices of the Bank for International Settlements (BIS), has sent a directive…

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