The BIS, Banks and crypto – the impact of capital requirements

The Bank for International Settlements (BIS) has yesterday published their “Second consultation on the prudential treatment of cryptoasset exposure”. There is a lot of nonsense written about the ideas and impact, e.g. here and here. The consultation is a very interesting read. But no, the BIS does not support banks in holding more crypto. Here… Continue reading →

Cryptocurrencies: ban or regulate? Policymakers are missing the bigger picture.

Regulators and policymakers call for a ban on cryptocurrencies; This approach is too simplistic. An entire new ecosystem has evolved within a short time span; Regulators and policymakers should acknowledge and appreciate that this ecosystem has the potential to also offer value to industry participants, consumers and regulators; The current approach taken by regulators… Continue reading →