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Article
Digital Asset Risks Are Closer Than Banks Think
Banks that believe digital asset risks sit outside their organizations may already have exposure through ETFs, stablecoins, custodians, exchanges, and counterparties. Ana De Sousa argues that traditional risk frameworks are struggling to keep pace with a rapidly evolving market where continuous monitoring, purpose-built models, and rigorous counterparty assessments have become essential.
Jun 30, 2026
Ana De Sousa, CEO, Agio Ratings
Tags:
Operational and Non Financial Risk
The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization
- Digital asset risks
increasingly exist across banks, ETFs, custodians, exchanges, and
stablecoin issuers
- Traditional
counterparty and third-party risk frameworks often fail to capture digital
asset exposures
- Ana De Sousa warned
that many institutions lack sufficient risk infrastructure and insights
- FTX's collapse
highlighted weaknesses in conventional approaches to counterparty
assessment
- Banks are
increasingly evaluating ETF structures and digital asset service providers
- Regulatory licenses
and proof-of-reserves disclosures should not be treated as standalone
indicators of safety
- Jurisdiction quality
and supervisory effectiveness remain critical risk factors
- The Bybit hack
demonstrated how quickly digital asset risk profiles can change
- Continuous monitoring
is essential to identify emerging risks and regime shifts
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