6/8  BIS - Central bankers' speeches  I believe the goal with digital assets should be to match oversight to risk, and to provide clarity in supervisory expectations for banks seeking to engage in the crypto-asset ecosystem. As fluctuations in crypto-asset prices have shown, there clearly are material risks associated with these assets.
It is a fact: cybercrimes are being committed and financial institutions and financial consumers are being targeted. Questions are being asked: Is it widespread? Can we stop cybercrimes? How can we protect financial institutions and financial consumers from cybercrimes? Distinguished representatives from the financial services industry, technology partners, stakeholders in our financial sector, we need to address these issues together.