The European Banking Authority (EBA) will take additional steps to anticipate how strains in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, will affect banks.
EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements
EU’s Banking Regulator Highlights AML Risks in Privacy Coins, Self-Hosted Wallets
The European Banking Authority wants to extend money laundering guidance to crypto firms and banks that trade with them
EU Could Veto Large Stablecoins During MiCA Approval Process, Regulator Signals
The European Banking Authority doesn’t want private crypto initiatives to threaten monetary policy privileges
Stablecoin Reserves Need to Be Diverse, EU Bank Agency Chief Says
The EBA’s José Manuel Campa urged crypto players to start managing risks right away as new norms bed in.
EU Banking Authority to Hire Crypto Experts as it Prepares for New MiCA Law
The Paris-based agency will have to supervise large stablecoins and make rules under the landmark licensing legislation
Bitcoin App Bottle Pay Shuts Down Over Impending EU Money-Laundering Laws
Bottle Pay is shutting down, citing the EU’s new AML rules, which could compel crypto wallet providers to collect KYC info from users starting next month.
European Finance Regulators Call for Bloc-Wide Crypto Rules
Two top European finance regulators, the EBA and the ESMA, have separately said today that cryptocurrency and ICO rules are needed at the EU level.
EU Lawmaker Wants Standard Regulations to Allow ‘Passport’ for ICOs
One European lawmaker wants to standardize ICO regulations, thereby making it easier for projects to raise funding across the EU.
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.
EU Regulator: DLT In Trade Finance Still Faces Legal Uncertainty
The European Banking Authority published a report to raise public awareness of the benefits and risks associated with the use of DLT in finance.