EBA Suggests Steady Approach to Crypto

EBA Suggests Steady Approach to Crypto

The European Banking Authority (EBA) has suggested European countries to take a steady approach towards cryptocurrencies in a document published a few days before. EBA in its report, “Typically, crypto-asset activities do not constitute regulated services within the scope of EU banking, payments and electronic money law, and risks exist for consumers that are not addressed at the EU level.”

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