EBA proposes standards for crypto-asset risk management
The EBA has released a Consultation Paper detailing draft Regulatory Technical Standards (RTS) to guide institutions on managing their crypto-asset exposures.
The draft RTS aim to standardse the implementation of capital requirements for crypto-asset exposures across the European Union (EU), aligning with the prudential framework set out in the Capital Requirements Regulation (CRR 3). CRR 3 introduces a transitional prudential framework for institutions managing crypto-asset exposures.
This framework incorporates legal requirements from the Markets in Crypto Assets Regulation (MiCAR) and provides capital treatment guidelines for various categories of crypto assets. These include electronic money tokens (EMTs),…
