EU Seals Deal on Crypto Bank-Capital Rules

Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system

• 2023-06-27
• European Commission The European Union member states European Parliament Economic and Monetary Affairs committee political deal national governments Basel Committee on Banking Supervision crypto

ECB Advises Banks Comply With Conservative Cap on Bitcoin Exposure

Crypto assets like Bitcoin pose high risks and as such should be subject to limits on holdings, according to the ECB.

• 2023-02-15
• European Central Bank BCBS Basel Committee on Banking Supervision Central Bank Digital Currencies exposure limit

EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law

The European Central Bank, which supervises big euro area lenders, said crypto should be treated as a risky asset.

• 2023-02-15
• European Central Bank Basel Committee on Banking Supervision BCBS the EU

Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft

Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules.

• 2023-02-13
• European Commission digital assets crypto assets European Parliament Basel Committee on Banking Supervision financial stability