Financial Services Financial Services

Cryptoassets posing same risks as traditional products need same rules, BOE policy committee says

By Fiona Maxwell
  • 24 Mar 2022 06:20
  • 24 Mar 2022 06:20
Cryptoassets that pose risks similar to those in the traditional financial sector should be subject to the same regulation, the Bank of England said today as it called on lenders to be aware of the risks of exposure to them.

The central bank’s Financial Policy Committee said it would make recomm

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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