CoinJournal
European Insurance and Occupational Pensions Authority (EIOPA) proposes 100% capital reserves for insurers’ crypto holdings. As of late 2023, European insurers weren’t heavily invested in cryptocurrencies. They held a tiny 0.0068% of the industry’s overall assets. The proposal may discourage future crypto investments by insurers. The European Union’s insurance regulator…
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EU watchdog proposes full capital reserves for crypto insurers’ holdings
Charles Thuo
02:28
European Insurance and Occupational Pensions Authority (EIOPA) proposes 100% capital reserves for insurers’ crypto holdings. As of late 2023, European insurers weren’t heavily invested in cryptocurrencies. They held a tiny 0.0068% of the industry’s overall assets. The proposal may discourage future crypto investments by insurers. The European Union’s insurance regulator…
