Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    Pakistan Digital Currency Reforms Set Path for CBDC as Legal Tender

    November 5, 2024

    Is Cardano a security? Lawyers have their say…

    June 12, 2023

    Bitcoin reserve plan missing from White House’s crypto report

    July 30, 2025
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      China’s Biggest Bitcoin Treasury Firm Plans $500M Stock Sale To Buy More Crypto

      September 17, 2025

      Kart Rumble eyes $200k milestone as early momentum builds

      September 15, 2025

      Bitcoin Knots Tightens Grip, Snags Over a Quarter of Network Nodes

      September 14, 2025

      XRP Price At $23, Dogecoin To $2, And Solana At $1,800? Analyst Unveils 2026 Predictions

      September 13, 2025

      World Liberty Financial Nets Trump Family Crypto Billions

      September 12, 2025
    • Technology

      Chainlink Teams Up with Taiko to Power Institutional-Grade DeFi on Ethereum

      September 17, 2025

      London Stock Exchange Launches Blockchain Platform for Private Funds

      September 16, 2025

      Dogecoin’s next big move – Will the price slingshot to $1.58?

      September 15, 2025

      Bullish patterns in Trump Coin face whale-sized risks

      September 14, 2025

      WisdomTree Brings Private Credit Onchain With CRDT on Ethereum and Stellar

      September 13, 2025
    • Learn/Guide

      Nakamoto set to acquire BTC Inc following successful audit

      September 17, 2025

      Chainlink joins AethirCloud’s AI Unbundled Alliance to support Web3 AI infrastructure

      September 16, 2025

      Base launches Solana bridge

      September 15, 2025

      Prenetics now holds 228 BTC and buys 1 BTC daily

      September 14, 2025

      Rabby Wallet integrates XRPL EVM chain with Peersyst

      September 13, 2025
    • NFTs

      Slimesunday’s Magnum Opus: ‘Banned from New York’ Blows the Lid Off Digital Censorship | NFT CULTURE | NFT News | Web3 Culture

      July 22, 2025

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025
    • Regulation

      Bullish Secures New York BitLicense, Opens Door to U.S. Crypto Trading

      September 17, 2025

      UNDP Bets on Blockchain Education as Government Academy Prepares for 2025 Launch

      September 16, 2025

      Why India Won’t Legalise Full Crypto Laws Yet

      September 15, 2025

      Why the GENIUS Act, Not State Licenses, Could Decide Hyperliquid’s USDH Future

      September 14, 2025

      Coinbase Files Motion to Sanction SEC Over Missing Gensler Texts

      September 13, 2025
    • Business

      Metaplanet Is About to Drop $881M Into Bitcoin, Here’s the Timeline

      August 27, 2025

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » Banks are allowed to hold this exposure in Bitcoin and Ethereum with new law
    Regulation

    Banks are allowed to hold this exposure in Bitcoin and Ethereum with new law

    May 17, 20234 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Banks are allowed to hold this exposure in Bitcoin and Ethereum with new law
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Source: Thought Catalog – Unsplash

    • In a statement regarding the new development, a spokesperson for the AFME, Caroline Liesegang, said the Parliament, Commission, and Council should provide a clear definition of what can be considered as crypto assets.
    • The Parliament added that the modifications align with the measures by the organization in charge of international banking standards (BCBS).

    The European Parliament’s economic and monetary affairs committee has voted on policies for banks holding digital assets such as Bitcoin and Ethereum. Part of the new policies is that such banks must hold a certain percentage of capital. According to an announcement by the European Parliament on Tuesday, the monetary affairs committee vote favored modifications of the capital requirements directive and the capital requirements regulation as it applies to banks with crypto holdings.

    On Tuesday 24/01 @EP_Economics
    adopted changes to Capital Requirements Regulation (w/ 41/1/14) & Directive (49/2/7) #CRR & #CRD @jonasfernandez MEPs ready for negotiations w/ #EU2023SEhttps://t.co/bY4Y47can9

    — ECON Committee Press (@EP_Economics) January 24, 2023

    The bill proposal states that banks with crypto holdings must hold up to 1,250 percent of the amount they hold in crypto assets. The Parliament added that the modifications align with the measures by the organization in charge of international banking standards (BCBS, the Basel Committee On Banking Supervision).

    The BCBS’ recommendations

    The BCBS recommended categorizing crypto assets based on consultation papers released in the last three years. It also advised banks on how to address possible risks. According to the BCBS report, banks’ crypto exposure as of 2021 was over $9 billion. The legislative body said that banks must provide a detailed description of their risk management measures regarding digital assets.

    The commission has until June 2023 to tender a bill proposal of custom regulatory standards for banks with digital assets exposure. However, these proposed modifications won’t become law until all members of the European Parliament (MEP) vote on them. The monetary affairs committee’s approval follows the EU lawmakers’ approval of the mica (markets in crypto assets) regulation three months ago.

    Follow us for the latest crypto news!

    The primary objective of the mica regulation is to establish a uniform crypto regulation among EU member nations. One prominent feature of the mica legislation is that it mandates crypto firms to settle all transactions within 24 hours of initialization. Also, it requires these firms to be transparent about their trading volumes and pricing process.

    Furthermore, the MEP agreed that a competent authority should address uneven capital distribution among banks and suggest appropriate capital redistribution models. Most MEP members agree that the events in the last few months (especially the collapse of FTX crypto exchange and Celsius, a prominent crypto lender) in the crypto industry have the approval of these new crypto measures mandatory.

    AFME’s concerns

    In its statement regarding the new development, a spokesperson for the Association For Financial Markets In Europe (AFME), Caroline Liesegang, stated that the Parliament had made significant progress with these new measures and that inter-institutions should discuss this proposal extensively at their next meeting.

              No spam, no lies, only insights. You can unsubscribe at any time.

    However, she further said the Parliament, commission, and council should clearly define what can be considered crypto assets. Liesegang said this explanation is necessary because the new measures could negatively impact tokenized securities if the wording isn’t precise. Tokenized securities are blockchain-built stock market digitization.

    Larry Fink, BlackRock CEO, calls these tokenized securities the future of financial markets. Meanwhile, many industry experts have suggested that crypto firms should start getting acquainted with these new measures now because there is a wide gap between current regional regulations and the mica legislation.

    Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Bullish Secures New York BitLicense, Opens Door to U.S. Crypto Trading

    September 17, 2025

    UNDP Bets on Blockchain Education as Government Academy Prepares for 2025 Launch

    September 16, 2025

    Why India Won’t Legalise Full Crypto Laws Yet

    September 15, 2025

    Why the GENIUS Act, Not State Licenses, Could Decide Hyperliquid’s USDH Future

    September 14, 2025
    Top Posts

    The Blockchain Era: The Movement For the People

    January 9, 2024

    Vega L1 Blockchain Shut Down, $VEGA Withdrawal till Oct 27

    September 14, 2024

    Shiba Inu Price Set For A Possible 73% Surge

    February 14, 2024

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    China’s Biggest Bitcoin Treasury Firm Plans $500M Stock Sale To Buy More Crypto

    September 17, 2025

    Kart Rumble eyes $200k milestone as early momentum builds

    September 15, 2025

    Bitcoin Knots Tightens Grip, Snags Over a Quarter of Network Nodes

    September 14, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.