EU insurers’ crypto holdings should have 1-to-1 capital requirement
( March 27, 2025, 14:10 GMT | Official Statement) -- MLex Summary: The cryptoasset holdings of EU insurers should have a 1-to-1 capital requirement, the European Insurance and Occupational Pensions Authority recommends in its technical advice to the European Commission, published today. Eiopa said that it aims to ensure a harmonized, prudent and proportionate treatment of cryptoassets, taking into account their inherent risks and high volatility.Press release follows. Technical advice attached....
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