Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure
The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Mastercard launches stablecoin risk screening for banks and payment providers
The new service combines payment data and blockchain analytics to help banks detect suspicious stablecoin transactions before sett...
Mastercard Launches Stablecoin Security to Screen Risk Before Funds Move Onchain
Key Takeaways: Mastercard released Stablecoin Security for assisting banks to identify fraud and sanctions/malicious activities be...
MARA Selling Bitcoin? Exchange Deposits Put 1,000 BTC Under Watch
Is MARA Selling Bitcoin? Wallets linked to MARA Holdings sent 1,000 BTC, worth about $82.8 million, to Binance and Gate over five...
Blockchain Association says Treasury’s GENIUS Act rollout needs clearer DeFi, foreign issuer rules
The group filed comments on Treasury's proposed rule implementing the GENIUS Act, which governs who can issue and sell payment sta...
German Savings Banks Begin Crypto Trading Rollout Inside Sparkassen App
Germany’s Sparkassen savings-bank group is beginning a phased cryptocurrency-trading rollout inside its existing banking app, taki...
Blockchain Association backs Treasury stablecoin rule but wants tighter definitions
The Blockchain Association's feedback on Treasury's stablecoin rule highlights the need for precise definitions to prevent regulat...