The Bank of England's regulatory body requires companies to disclose cryptocurrency risks to facilitate policy-making

ChainCatcher news, according to Cointelegraph, the regulatory body of the Bank of England has required companies to disclose any current or future cryptocurrency risk exposures by March next year, in order to monitor stability and assist in policy formulation.

The UK's Prudential Regulation Authority stated: "This will provide information for the Prudential Regulation Authority and the Bank of England's work on crypto assets, helping us calibrate our prudent handling of crypto asset risk exposures and analyze the relative costs and benefits of different policy options."