Designing a prudential treatment for crypto-assets

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BCBS  | 
12 December 2019
Status:  Closed
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 |  18 pages
Topics: Fintech

The Committee is publishing this discussion paper to seek the views of stakeholders on a range of issues related to the prudential regulatory treatment of crypto-assets, including:

  1. the features and risk characteristics of crypto-assets that should inform the design of a prudential treatment for banks' crypto-asset exposures
  2. general principles and considerations to guide the design of a prudential treatment of banks' exposures to crypto-assets, including an illustrative example of potential capital and liquidity requirements for exposures to high-risk crypto-assets

The Committee welcomes comments on the analyses and ideas set out in this paper from all stakeholders, including academics, banks, central banks, finance ministries, market participants, payment system operators and providers, supervisory authorities, technology companies and the general public.

Comments on any element of this discussion paper should be submitted here by 13 March 2020. All comments may be published on the BIS website unless a respondent specifically requests confidential treatment.