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Public blockchains pose risks for operations, security, governance, legal, compliance, and settlement even as digital assets become more prevalent, according to two reports.
Distributed ledger technology (DLT) and digital assets are becoming the preferred way to meet cash and liquidity requirements for digital securities settlements, according to a report from Citi Securities Services. However, the Bank for International Settlements (BIS) is cautioning that banks using permissionless a.k.a public blockchains face “risks related to operations and security, governance, legal,...
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