**Crypto Exposure Under Scrutiny by Bank of England**

The Bank of England's Prudential Regulation Authority (PRA) has called on firms to disclose their current and future crypto asset exposures by March next year. This move aims to monitor financial stability and shape policy using the Basel framework, which sets capital and risk management standards for banks' crypto dealings.

The PRA's questionnaire seeks insights into firms' crypto activities, including their use of permissionless blockchains. The regulator is keen to understand the potential risks and benefits of these assets, with a focus on financial stability implications through 2029.