The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies.
EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms
The European Banking Authority issued new guidance for crypto firms that will come into effect on Dec. 30, 2024.
EU Industry Input ‘Really Important’ to Stablecoin Rulemaking Under MiCA, EBA Officials Say
During a Thursday hearing on proposed guidelines for stablecoin issuers, European Banking Authority officials urged stakeholders to engage with regulators to “start on the right footing.”
European regulator: CASPs should work on protocol interoperability, self-hosted wallets
The European Banking Authority wants to update existing anti-money laundering rules and combat the financing of terrorism for crypto providers.
EU Banking Watchdog Issues Draft Liquidity Rules for Stablecoin Issuers
Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said.
Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency
Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said.
Consider DLT Use When Judging Money Laundering Risks, EBA Advises Supervisors
Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff.
BBVA Can’t Hold Cryptocurrency – And That’s a Problem
The bank wants to use ethereum as a notary, but regulators discourage holding even the tiny bit of ether needed to put data on the public blockchain.
BBVA Can’t Hold Cryptocurrency – And That’s a Problem
The bank wants to use ethereum as a notary, but regulators discourage holding even the tiny bit of ether needed to put data on the public blockchain.