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EU lawmakers vote for added restrictive capital necessities on banks retaining crypto

EU lawmakers vote for added restrictive capital requirements on banks defending crypto

The Economic and Monetary Affairs Committee of the European Parliament has voted for measures requiring banks holding cryptocurrencies to set aside a punitive amount of capital. In a Jan. 24 notice, the European Parliament announced the committee had voted overwhelmingly in favor of amendments to its Capital Requirements Regulation and Capital Requirements Directive applying to