EBA Opinion on "Virtual Currencies"
07/17/2014The European
Banking Authority (EBA) published on the 4th of July 2014 an
Opinion addressed to the EU Council, European Commission and
European Parliament setting out the requirements that would be
needed to regulate ‘virtual currencies'. The Opinion is also
addressed to national supervisory authorities and advises to
discourage financial institutions from buying, holding or selling virtual
currencies while no
regulatory regime is in place.