EU banking regulator finalizes draft rules for banks holding Bitcoin, Ether

The European Banking Authority completed draft rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether.

EU banking regulator finalizes draft rules for banks holding Bitcoin, Ether

EU banking regulator finalizes draft rules for banks holding Bitcoin, Ether

The European Banking Authority completed draft rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether.