#EU closes #regulatory agreement on #cryptocurrencies
The European Parliament's Committee on Economic and Monetary Affairs announced the agreement reached on its Twitter account. The announcement came after a meeting held between the European Parliament, national governments and the European Commission.
The new agreement addresses various issues such as environmental risks, levels of exposure to cryptocurrencies in banks and other banking issues. It also radically changes the way banks assess risk for different types of loans.
Types of corporate and home loans, among others.
