Bloomberg has expanded its Crypto Exposure Analytics service to classify banks’ cryptocurrency exposures in line with the Basel Committee on Banking Supervision’s prudential framework. The tool identifies direct and indirect exposure hidden in funds, shares of companies holding cryptoassets, bonds, indices and derivatives. Bloomberg’s analysis identified roughly 1,700 potentially relevant funds, with around half not explicitly presenting cryptocurrency exposure as part of their stated strategy. The classification is intended to help compliance and risk-management teams apply capital requirements more accurately, as these requirements vary according to the nature and risk of the assets involved.
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