Despite the risks that virtual assets can present, there is a clear upwards trend of adoption by both retail and institutional investors, so pure abstention by financial institutions is not the answer. Despite recent market turbulence, the crypto industry has experienced significant growth over recent years and the underlying technology presents compelling use cases which are increasingly being exploited by financial institutions.
This paper seeks to highlight that a more sensible approach would be to recognise the potential of the asset class and take proactive steps in terms of defining a crypto strategy, risk appetite and implementing an appropriate risk management framework in order to mitigate risk exposure, direct or indirect.
Read our thought leadership paper here: Crypto – Understanding the Opportunities and Effective Risk Management
Want to log this paper towards your CPD hours? Read the paper via the ICA website here
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