May 2024
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How Crypto Became a “Normal” Offering for the Traditional Banking Sector and Its Challenges for IT Systems and Regulation.
Cryptocurrency investments have gained prominence, especially with the launch of Crypto ETFs in late 2023. In 2024, the European Union’s new regulation, Markets in Crypto-Assets Regulation (MiCAR), aims to help banks categorize and understand the legal framework around cryptocurrencies. Despite increased attention, cryptocurrencies present challenges for banks, particularly in addressing regulatory classifications and IT system…