đ Exciting times in the blockchain world! A new working paper from the Bank for International Settlements (BIS) highlights the risks banks face when transacting on permissionless blockchains. From settlement finality to money laundering, the challenges are real. But fear not! đ
Zero-knowledge proofs are emerging as a promising tech to tackle privacy issues. The Basel Committee also approved a new disclosure framework for banks' crypto exposures, set to roll out by 2026.
What do you think about these developments? Share your thoughts below! đ #Blockchain #Crypto #Banking #Innovation
