The Basel Committee, under the auspices of the Bank for International Settlements (BIS), has just approved an innovative framework for disclosing bank exposures to crypto. This decision marks a turning point in the regulation of the digital assets market, aiming to enhance transparency and risk management.
Central banks will be able to gradually integrate crypto into their reserves from 2025, up to a maximum of 2%, according to new cautious regulations published by the Bank for International Settlements.
No cryptocurrency transaction should go unnoticed by the Bank for International Settlements (BIS), as they develop a suitable system to track cryptocurrency exchange flows throughout the European territory. Several European central banks have joined them in this initiative. Let's take a closer look!
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