RABIT Weekly News(W3 February 2023)

The EU Parliament has announced a bill that forces a 1,250% risk weight on banks holding cryptocurrency assets. According to the bill, European banks will treat cryptocurrency as the riskiest asset. In addition, there’s a newly added limit that cryptocurrency can be held only in an amount that does not exceed 1% of the capital held by banks.
Solar (SXP) announced the release of a ‘Solar debit card’ through their official account. The debit card can be charged with various virtual assets, and payment services can be used in more than 140 countries by utilizing dedicated International Bank Account Number (IBAN) based accounts.
WEMADE announced the re-listing of their cryptocurrency, WeMix. The virtual asset exchange said, “We have confirmed that problems such as violations of distribution volume, information provision, and damage to trust of existing WEMIX have been resolved.” Further, they said transactions would be available from the 16th.