EU lawmakers want to restrict banks from using cryptocurrencies
The European Green Party has submitted its amendments to the legislation, which increase the capital requirements for banks using cryptocurrencies. European Union (EU) Green Party MP Ville Niinistö has proposed amendments to the Financial Services Act that would restrict European banks using cryptocurrencies. The document states that crypto assets that are considered excessively volatile or risky and fall under class 2 will be rated as “cautious” as possible. This essentially means that they will not…
