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EU Reaches Deal on Crypto Bank Capital Rules

EU Reaches Deal on Crypto Bank Capital Rules
The European Union (EU) on Tuesday struck a deal to adopt changes requiring tougher bank capital rules in line with standards agreed internationally in the aftermath of the global financial crisis in 2008. In January, EU lawmakers had prescribed ‘prohibitive’ requirements on bank’s crypto holdings as part of the rules. EU Agrees on Changes to CRR and CRD The European Parliament’s Committee on Economic and Monetary Affairs announced the agreement on Tuesday via a Twitter post. The provisional agr... Read More
Posted: Jun 27 2023, 19:15
Author Name: financemagnates
Views: 092143

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