Crypto-Asset Guidelines to Be Drafted Based on Industry Input

The Basel Committee on Banking Supervision is calling for feedback on the prudential regulatory treatment of crypto-assets.Feedback received from insiders in both the crypto and traditional finance sectors will be used to draft guidelines for banks interested in dealing with crypto-assets.
Although they are wary of risks associated with the coins, the Committee sees that “some may have the potential to become systemically important” and is looking to “develop a holistic approac