🔍 Crypto Alert! The Bank of England's Prudential Regulation Authority (PRA) is calling on firms to disclose their current and planned cryptoasset exposures, including tokenized assets and stablecoins. 📊
- Firms have until March 24, 2025, to respond.
- The data will help shape future policies and align with the global Basel framework.
- Only firms with relevant exposures need to report, no "nil return" required.
What do you think about this regulatory move? Share your thoughts in the comments! 💬