The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024.
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Opinion: Should Bored Ape buyers be legally entitled to refunds?
It isn’t clear whether a 25-year-old European Union law means you should be allowed to get refunds on your NFTs.
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‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament
Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter
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EU lawmakers vote for more restrictive capital requirements on banks holding crypto
Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament
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EU postpones final vote on MiCA for the second time in two months
The final vote was delayed due to issues in the translation of the 400-page legal document.
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Cross-border crypto scammers on the hit list for EU agencies
Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June
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