Bitcoin (BTC) and cryptoWhile the adoption and popularity of the products continued to increase, England did not remain indifferent to this situation.
at this point Bank of England (BoE), Action was taken to investigate the risks of cryptocurrencies.
The Bank of England’s financial sector regulator, the Prudential Regulation Authority (PRA), has requested companies to report the risks of cryptocurrencies.
The Bank of England’s regulatory arm is asking companies to withdraw money from companies by March 2025 so it can monitor stability and shape policy. crypto para He asked them to submit detailed reports regarding their transactions.
The regulator also requires companies to detail their future plans for cryptocurrencies, and in particular their unauthorized use of Blockchain, by September 2029.
It is aimed to determine the effects of cryptocurrency markets on financial stability through analyzes to be carried out according to the Basel framework. Basel Committee on Banking SupervisionThis framework, which came into effect in December 2022, determines the capital adequacy and risk management standards that banks must comply with in crypto asset investments.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, Twitter our account and Youtube Follow our channel now! Moreover Android ve IOS Start live price monitoring now by downloading our applications!
Source: https://www.bitcoinsistemi.com/ingiltere-merkez-bankasi-bitcoin-btc-ve-kripto-paralar-icin-harekete-gecti/