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Cryptoassets increase risk in developing economies: BIS study

Cryptoassets increase risk in developing economies: BIS study

by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Wealth Management/ Philanthropy

“Cryptoassets hold out the illusory appeal of being a simple and quick solution for financial challenges” especially in emerging markets, but “have so far not reduced but rather amplified the financial risks in less developed economies,” the BIS report showed...
UK sketches out first regulatory approach to crypto

UK sketches out first regulatory approach to crypto

by AIP Online Bureau | Mar 25, 2022 | Eco/Invest/Demography, Technology

Cryptoassets, such as bitcoin and ether, are largely unregulated as they fall outside the regulatory ‘perimeter’ and a change of law would be needed to bring them under the full scope of UK securities rules, a step Britain’s finance ministry is...

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