Bank of England regulator requires companies to disclose cryptocurrency risk exposure
2024-12-13 06:01:59
England banking regulatory department prudential regulatory authority ( pradesk3cryptocurrencydesktopCrypto News
The Prudential Regulation Authority (PRA), the regulator of the Bank of England, has given companies until March next year to disclose current or future cryptocurrency risk exposures so that it can monitor stability and help shape policy. "This will inform the work of the PRA and the Bank of England on crypto assets by helping us adjust our prudential treatment of crypto asset risk exposures, [and] analysing the relative costs and benefits of different policy options," the PRA said.
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