Ilaria
Sat Jul 13 2024
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5 answers
961
What is the Prudential treatment of banks' exposures to cryptoassets?
Could you elaborate on the Prudential treatment of banks' exposures to cryptoassets? How do regulators assess and manage the risks associated with these exposures? Do they apply the same rigorous standards as traditional assets? What specific measures are taken to ensure the safety and soundness of financial institutions that are investing in or engaging with cryptoassets? Additionally, how do regulators balance the potential for innovation and growth in the crypto space with the need to protect consumers and maintain financial stability?
