🚀 Banks on permissionless blockchains? Risks galore! But hey, zero-knowledge proofs to the rescue! 🦸‍♂️

1/ The Bank for International Settlements says banks face risks like money laundering & terrorism financing. Yikes! 😱

2/ But fear not! Tech like zero-knowledge proofs is in the works to save the day. 🛠️

3/ Basel Committee highlights risks from unknown third parties & political uncertainties. Time for new risk management strategies! 🧠

4/ Disclosure framework for crypto exposure approved, effective 2026. The future is bright! 🌟

What do you think? Comment below! 👇 #DeFi #Web3