BIS: Banking in the shadow of Bitcoin? The institutional adoption of cryptocurrencies
18 May 2022 (UPDATED: 13 Mar 2026)
International
1 min read
This BIS working paper considers the significance of financial intermediaries in crypto markets, assesses the factors that determine banks' holdings of cryptocurrencies. It also looks at the role played by novel crypto exchanges, and examines the cross-country drivers of institutionalisation.
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