EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings

European Union (EU) banks that are exposed to cryptocurrencies like Bitcoin would face caps and hefty capital requirements under proposed amendments to a financial-services law published Wednesday. And under the plans, set out in a document dated Aug. 11, crypto assets like bitcoin, which are deemed unduly volatile or risky and known collectively as class 2, would have the most cautious possible rating.
Source

Bitcoin

Policy and Regulation

In This Article

Related News
BlackRock launches bitcoin ETP in Europe following US success BlackRock launches bitcoin ETP in Europe following US success
Bitfarms completes Stronghold Digital acquisition, sells Paraguay facility to HIVE in US push Bitfarms completes Stronghold Digital acquisition, sells Paraguay facility to HIVE in US push
Taproot Wizards to hold first public auction of 'Wizards' Bitcoin Ordinals project Taproot Wizards to hold first public auction of 'Wizards' Bitcoin Ordinals project
Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
Metaplanet purchases $13.4 million worth of bitcoin, boosts holdings to 2,391 BTC Metaplanet purchases $13.4 million worth of bitcoin, boosts holdings to 2,391 BTC
Latest News More More
8 Hours Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
5 Days Ago Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
5 Days Ago MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 21 Pump.fun launches DEX called PumpSwap to instantly migrate graduated token
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open