UK central bank regulator asks financial institutions to 'disclose their cryptocurrency exposures'

On the 12th (local time), the Prudential Regulation Authority (PRA), the regulatory body for the Bank of the UK, announced that it would require financial institutions to disclose their current or future exposure to crypto assets.
The PRA said: "The PRA and the Bank of England will coordinate their prudent approach to crypto-asset assets, analyse the relative costs and benefits of different policy options and consider appropriate regulatory action to support crypto-asset exchanges."
"This will help us to adjust our prudent approach to risk exposure," he said. The regulator will submit responses to financial institutions reflecting their future plans for crypto assets through September 30, 2029.
The questionnaire includes key issues that the PRA expects financial institutions to address, including exposure management using the Basel framework, holding of crypto assets,
This includes methods and permissionless use of blockchain.