CP 24.01 consultation paper – Cryptoasset Exposures

 

The DTI Foundation and its Product Advisory Committee responded to the Hong Kong Monetary Authority’s (HKMA) consultation paper ‘Cryptoasset Exposures’ setting out its proposal for implementing new regulations on the prudential treatment of cryptoasset exposures.

 

The response outlines how the use of the ISO 24165 DTI, a globally consistent identification standard for cryptoassets, could be integrated within HKMA’s implementation of standards set by the BCBS to provide additional consistency and transparency for regulators, banks, and market participants.

 

See the full response here.