Quinc (quinc)

Quinc

from disappointment to charm in on breath

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The European Insurance and Occupational Pensions Authority (EIOPA) has proposed a 100% capital requirement for insurers holding crypto assets. This rule would apply to both traditional cryptocurrencies (like Bitcoin and Ethereum) and stablecoins. The aim is to mitigate risk and ensure insurers can withstand extreme crypto market volatility

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However, there remains a warning: if the Fed takes a more "hawkish" stance or signals no rate cuts, the crypto market may again retreat to the ~$80,000 zone for Bitcoin.

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