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EBA Bolsters Oversight on Cryptocurrency-Linked Risks in Non-Bank Financial Institutions – DeFiance Daily – 1.4.24

The European Banking Authority (EBA) is ramping up efforts to assess the impact of strains in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, on EU banks. EBA Chair José Manuel Campa highlighted the need to understand the interconnectedness between banks and other financial entities.