Banks don't need additional crypto protections yet, EU regulator says


"The EBA considers it premature to introduce new macroeconomic tools to address the systemic aspects of these risks at this stage," the EBA said. "The EBA emphasizes the need to monitor the cryptoasset sector, in particular to identify old and new mechanisms, vulnerabilities and risks that may make cryptoassets a source of systemic risk or a threat to financial stability."