European Union banks could face stricter limits on their crypto holdings to prevent the burgeoning market in virtual assets upending the financial system, the bloc’s financial-stability watchdog said.
The ESRB suggested that those tools should extend beyond banking into other institutions, including new financial technology players, and large companies such as Meta and Google.Markets in Crypto Assets Regulation In a November consultation that closed recently, the European Commission asked whether supervisors need extra powers to tackle the financial stability risks of crypto-based products and competitive pressures from the potential arrival of new fintech participants.
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jackschickler Isn't a lady from a picture a convicted criminal who somehow happened to run the European Central Bank?
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jackschickler XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars.
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jackschickler And the article is illustrated with a face of a convicted financial criminal. The irony...
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