Basel Committee put Crypto on their priority list

With the boom of the cryptocurrency, regulators are focusing on putting policies regarding crypto-area such as investors protection, anti-money laundering, etc.
The Committee for Payments and Market Infrastructure is focusing on improving blockhain payments, clearing, etc.
However, several bodies showed concerns about the impact of cryptocurrency on financial stabilities. In addition the International Organization of Securities Commissions showed concern about the impact of cryptocurrency on investment funds.
Finally in the last report, FSB concluded that cryptocurrency could impact the financial stability. In addition, the same concern was shown early this year by the Basel Committee and has warned banks against their exposure in digital assets.

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