EU policymakers align high-risk provisions for banks holding crypto with the Basel Committee on Banking Supervision.
EU policymakers align high-risk provisions for banks holding crypto with a framework for global supervision.
Banks holding crypto will need to follow strict laws to ensure capital requirements, lawmakers decided in a European Parliament committee vote on Tuesday. An amendment slipped in before the vote proposed that banks should apply a risk-weighting of 1,250% to crypto-assets exposures, ReutersThis means that, when the rules would come into effect, banks will need to be able to cover a complete with capital reserves and not be able to gain leverage.by the Basel Committee on Banking Supervision, which sets international banking standards.
The bill further outlines that the European Commission should “review whether a dedicated prudential treatment for crypto assets would be needed and to adopt, if appropriate, a legislative proposal to this end,” according to the draft
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Binance SWIFT banking partner set to ban USD transfers below $100KBinance has informed its retail users of a potential incoming service disruption that would halt on and off-ramp USD bank transfers for transactions less than $100,000. However, Binance confirmed that credit and debit card payments would still be processed.
Les mer »
Binance Banking Partner to Ban Crypto Trading Transfers Under $100K – Exchanges Bitcoin NewsClients of a bank facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000.
Les mer »
Binance's Banking Partner Will Start Ignoring Transactions Under $100K: ReportThe decision to curtail these transactions is reportedly taken due to a recent FDIC statement and the implosion of FTX, who they provided services for.
Les mer »
Bethesda Mission banking on revenue from courthouse parking to fund projectsExecutive Director Scott Dunwoody tells PennLive how the new federal courthouse in Harrisburg could provide an array of financial opportunities for Bethesda Mission, which is located across the street.
Les mer »
Chase Bank closes some 24-hour ATMs early in NYC, citing ‘rising crime and vagrancy’It’s unclear exactly how many Chase bank ATMs across the city have curtailed hours. A spokesperson for the bank said that since November, individual branches had been adjusting their hours based on local circumstances.
Les mer »
Opinion | MAGA’s hottest club is the House Oversight CommitteeRepublicans don't expect to get much done these next two years in Congress — except investigating Joe Biden, that is.
Les mer »