And this is the problem. These guys are not regulated. There is no transparency. There are no external auditors. There is no control. When we find out, it is always too late. Every "cryptocurrency bank" is a potential Enron. I fear both the involvement of Central Banks and at the same time the lack of it.
If EY (or anyone else serious about this) 'follows the money' then that would be a very interesting report to read.
If EY (or anyone else serious about this) 'follows the money' then that would be a very interesting report to read.