Bloomberg expanded its Crypto Exposure Analytics service to help banks classify direct and indirect crypto exposure under the Basel Committee’s framework. The service covers holdings and instruments such as funds, corporate securities and derivatives, but clients remain responsible for checking classifications against their own circumstances and applicable regulators’ implementation of the standards.
Bloomberg says its screening identified roughly 1,700 funds potentially relevant to the framework, about half of which do not explicitly list crypto exposure in their stated strategy. That finding does not show that the funds have the same amount or type of crypto risk.
