In the meantime, “banks will be required to hold a euro of own capital for every euro they hold in crypto,” Markus Ferber, the economic spokesperson for the parliament’s largest political grouping, said in a statement. “Such prohibitive capital requirements will help prevent instability in the crypto world from spilling over into the financial system.”
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!