Current Status of Cryptoassets Regulation for EU Banks

Photo by Sarah Pflug on Burst
BCBS Discussion paper — Designing a prudential treatment for cryptoassets — Issued for comment by 13 March 2020 — December 2019 (Source: www.bis.org/bcbs/publ/d490.pdf)

Crypto-Asset Definition as the Foundation for Regulation

  • “Same risk, same activity, same treatment”
  • Simplicity
  • Minimum standards

Crypto-Assets in the Trading Book

Pillar II-approach for Crypto-Assets

EBA Report with advice for the European Commisson on crypto-assets — 9 January 2019 (Source: https://eba.europa.eu/eba-reports-on-crypto-assets)

Crypto-Assets as Client Deposits

Conclusion

Sources

  1. BCBS Discussion paper — Designing a prudential treatment for cryptoassets — Issued for comment by 13 March 2020 — December 2019
    www.bis.org/bcbs/publ/d490.pdf
  2. BCBS Statement on crypto-assets — 13 March 2019
    www.bis.org/publ/bcbs_nl21.htm
  3. EBA Report with advice for the European Commisson on crypto-assets — 9 January 2019
    https://eba.europa.eu/eba-reports-on-crypto-assets

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