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European Banks Must Fully Cover Crypto Holdings With Capital, Draft Text Says

A leaked proposal that faces a vote on Tuesday deems crypto assets to be the riskiest kind, in line with emerging international guidelines

Updated Jan 23, 2023, 5:41 p.m. Published Jan 23, 2023, 5:18 p.m.
The European Parliament is set to vote on new banking rules for crypto. (John Elk III/Getty Images)
The European Parliament is set to vote on new banking rules for crypto. (John Elk III/Getty Images)