Don’t Regulate Crypto, Regulate Financial Institutions, Says EU Banking Authority Chair

Andrea Enria, the chairperson of the European Banking Authority (EBA), said that it could be more efficient to prohibit banks and other financial institutions from holding and selling cryptocurrencies, than to directly regulate crypto, the Financial Times (FT) reported Friday, March 9. Enria’s remarks follow the recent movement toward cryptocurrency regulation in Europe. Yesterday, March 8, the European Commission released …