Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said. source: https://www.coindesk.com/policy/2024/08/29/banks-using-permissionless-blockchains-for-transactions-face-multiple-risks-bis/?utm_medium=referral&utm_source=rss&utm_campaign=headlines