[Basel Committee on Banking Supervision: Banks face multiple risks in transactions on unlicensed blockchains] Golden Finance reported that the Basel Committee on Banking Supervision (BCBS) pointed out in its latest report that banks face multiple risks in transactions on unlicensed blockchains, including challenges in money laundering, terrorist financing, operations and security, governance, law, settlement finality, and compliance. BCBS is part of the Bank for International Settlements (BIS), the world's leading standard-setting body for prudential supervision of banks. It points out that certain risks stem from the blockchain's reliance on unknown third parties, which makes it difficult for banks to conduct due diligence and supervision. In addition, banks face political uncertainty. New legislation may change the behavior of validators and make the blockchain itself operationally unstable.