Basel Committee on Banking Supervision seeks views on prudential regulation of crypto assets

On December 12, the Basel Committee on Banking Supervision (BIS) released a discussion paper on its website to solicit opinions from stakeholders on a series of issues regarding the prudent regulation of crypto assets. The Commission welcomes comments from all sectors, including academics, banks, central banks, the Ministry of Finance, market participants, payment system operators and suppliers, regulatory authorities, technology companies and citizens, on the analysis and opinions contained in the document. Comments on anything in the discussion paper should be submitted by March 13, 2020. Unless the respondent specifically requests confidentiality, all comments can be posted on the BIS website.