BIS: Flags Circular Deals Disclosure Risks
BIS warns circular deals terms poorly disclosed with risks of same asset pledged multiple times amid AI industry impact.
SourceAnalysis
BIS states the terms of circular deals are typically poorly disclosed, with risks of the same asset being pledged multiple times, as noted in commentary on AI industry impact and financial disclosure risks.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.