Other Areas There are a number of other areas where I think these principles can help frame a productive conversation about the future of regulation and supervision, including around banks engaging in crypto-asset-related activities, and improving the transparency of supervisory standards. Another area where regulation and supervision continues to evolve is around banks engaging in crypto-asset activities.
These activities raise a number of significant issues. When I think about the evolution of supervision and regulation of these activities, I ask myself whether the rules are clear in the current rapidly evolving environment, and whether the rules as they evolve are serving a legitimate prudential purpose. Banks seek to understand and comply with rules because, above all, they value predictability and consistency.