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Submitted URL: http://app.connect.thomsonreuters.com.au/e/er?elq_mid=16277&elq_cid=2426865&elq_ename=C_TNP_SEM_9045364_Cryptoontherise_AEM_20210722&chl=...
Effective URL: https://www.thomsonreuters.com.sg/en/resources/cryptos-on-the-rise.html?elq_mid=16277&elq_cid=2426865&elq_ename=C_TNP_SEM_9045364_...
Submission Tags: falconsandbox
Submission: On September 15 via api from US — Scanned from DE

Form analysis 2 forms found in the DOM

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 1. Special report: Cryptos on the rise

special report


CRYPTOS ON THE RISE

By Susannah Hammond and Todd Ehret



DIGITAL TRANSFORMATION IS MOVING AT A RAPID PACE. POLICYMAKERS, REGULATORS AND
FIRMS ALL NEED TO PLAY THEIR PART IN ENSURING THAT CRYPTOS ARE AS “SAFE” AS
POSSIBLE NOT ONLY IN TERMS OF INVESTMENT RISK BUT WITH REGARDS TO REGULATORY
CERTAINTY AND CYBER RESILIENCE. 

This new report by Thomson Reuters Regulatory Intelligence examines some of the
regulatory developments on both the definition and handling of cryptocurrencies
across the globe, as well as the risks and benefits of this next iteration of
digital transformation. 


The report acknowledges the emergence of Bitcoin as a mainstream instrument and
assesses how that has changed the risk profile with regards to potential money
laundering and other misuse of cryptocurrencies for illicit or illegal
activities. Cyber risk is a concern for all cryptos, and the report considers
how firms, regulators and exchanges can enhance their cyber resilience.

Learn more about the myriad challenges facing financial services firms,
regulators and policymakers as they all come to terms with the rise of a new
class of product.


Download your copy of the report written by Susannah Hammond and Todd Ehret,
Senior Regulatory Intelligence Experts for Thomson Reuters Regulatory
Intelligence. 

> The speed of technological change and a growing reliance on third-party,
> technology-based services is increasingly introducing new risks and
> vulnerabilities to the sector.

Randal K. Quarles, vice chair for supervision and chair of the financial
stability board, US Federal Reserve (March 2021)





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