Global banking regulator plans to hold consultation on crypto exposure
Cointelegraph
Published Jun 07, 2021 11:53AM ET
Updated Jun 07, 2021 01:40PM ET
The Basel Committee on Banking Supervision has said it will be publishing a consultation paper aimed at banks reducing their risk of exposure to crypto.
According to the Switzerland-based Bank of International Settlements, or BIS, the Basel Committee will publish the paper on crypto exposure this week following its decision to hold a public consultation on the matter. The announcement came during a Friday meeting, during which the committee also discussed the impact of the current pandemic on the banking system as well as any proposed policy initiatives:
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Written By: Cointelegraph
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