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Supervisors detach banks from 'crypto' crisis: their exposure is 'immaterial'

The 178 largest banks in the world have a direct exposure to cryptocurrencies that does not exceed 188 million dollars (179.

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Supervisors detach banks from 'crypto' crisis: their exposure is 'immaterial'

The 178 largest banks in the world have a direct exposure to cryptocurrencies that does not exceed 188 million dollars (179.1 million euros), according to data from the Bank for International Settlements, which considers that the risk accumulated by the main banking entities is "immaterial", although he warns of the need for regulation as soon as possible, since investment in this type of currency could grow rapidly.

The convulsions experienced in recent weeks in the cryptocurrency markets may not have affected the banking sector, since the risk that the main world banks maintain in this type of asset is "immaterial". So he believes


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