The PRA is seeking to gather information of firms’ current and expected future cryptoassetfootnote [1] exposures and firms’ application of the Basel framework for the prudential treatment of cryptoassets. This will inform work across the PRA and the Bank of England on cryptoassets by helping us calibrate our prudential treatment of cryptoasset exposures, analyse the relative costs and benefits of different policy options and providing an updated view of firms’ current and intended cryptoasset-related business activities as a base from which to monitor the financial stability implications of these assets.
We are requesting firms to complete this information request at the highest-level of UK consolidation to the extent that it is relevant to their business, exposures or activities. If firms do not have any relevant cryptoasset exposures, businesses or activities, we are not requesting a “nil return”. It may be the case that some aspects of this template are relevant to particular firms and others not. If that is the case, then we are requesting firms complete only the parts of the template that are relevant to them.
We would appreciate it if firms could return the information request by 24 March 2025 to PRA_2024cryptodatarequest@bankofengland.co.uk. You can also contact this email address if you have any questions.
Cryptoassets data collection questionnaire