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Banks’ Direct Exposure to Crypto Less Than 1% of Total – BIS Report

Global banks’ exposure to crypto-assets remains minuscule and mostly declined during 2022, the Bank for International Settlements (BIS) said in its latest BASEL III Monitoring report.

According to the report, only 17 Group 1 banks reported exposure to crypto-assets out of a total of 181 banks that are part of the BASEL III monitoring sample. Of the 17, 11 are based in the Americas, four are in Europe, and two are based in other parts of the world. The report did not specify the banks in question.

These lenders’ total prudential exposure to crypto-assets totaled €2.9 billion as of the end of June 2022, while their crypto-assets under custody totaled €1.0 billion.

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