European Central Bank Steps in as Banks Test Crypto Waters Ahead of Pan-EU Licensing Rules

European Central Bank Steps in as Banks Test Crypto Waters Ahead of Pan-EU Licensing Rules

The European Central Bank (ECB) said on Wednesday it would harmonise how banks offer cryptoassets to ensure they have enough capital and expertise in a sector some European Union lawmakers have described as the Wild West. Several crypto companies like Binance and Crypto.com have been authorised in EU countries such as…