EU lawmakers impose stringent measures for banks holding cryptocurrencies

On Tuesday, European lawmakers gave a mandate requiring banks holding cryptocurrencies to abide by more stringent measures. The Parliament’s Economic and Monetary Affairs Committee enforced increased capital requirements for any institution possessing digital assets. Prohibitive capital requirements introduced Markus Ferber, a member of the European Parliament, claims that banks must ‘hold a euro of their … EU lawmakers impose stringent measures for banks holding cryptocurrencies Read More »