Basel Committee raises cryptocurrency concerns

Continued rise of crypto trading could lead to financial instability, BCBS warns

crypto-coins
Dark side: cryptocurrencies present risks to financial institutions with exposure to digital assets

The increasing number of trading platforms catering to cryptocurrencies and other digital assets could present a risk to financial stability, and result in additional risks being faced by banks, said the Basel Committee on Banking Supervision in a statement on March 13.

While the size of the market for cryptocurrencies remains relatively small compared with the financial sector as a whole, they nonetheless present risks to financial institutions exposed to digital assets, notwithstanding their

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: