The Central Bank of the Bahamas has a proposed a new regulatory framework for crypto assets after it claimed current frameworks were too “fragmented” to properly manage risks.
“The central bank intends to take an approach which aligns with best practices on oversight of crypto instruments,” the regulator says in a consultative document published on November 7.
In creating the new regulations, the central bank has focused on the use cases of crypto assets and will design or alter current
- Demonetisation backer becomes new RBI governor
- Kohn ‘deeply’ worried Fed might not have support to fight next crisis
- Central banks turn to visual communication in 2018
- Indian governor resigns after conflict with government
- Book notes: Macroprudential policy and practice, edited by Paul Mizen, Margarita Rubio and Philip Turner