POPA ReconBIS warns that large cryptoasset platforms now act as lightly regulated shadow banks—bundling exchange, lending, custody, and derivatives…
BIS warns that large cryptoasset platforms now act as lightly regulated shadow banks—bundling exchange, lending, custody, and derivatives, creating systemic risks and driving a push toward full bank‑style prudential regulation. - bis.org 🏷️ Regulation, BIS, Derivatives 🕵️ @PeterMM
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