A leaked document lays out the final set of proposed amendments to the 2021 package aimed at bringing EU bank capital rules in line with international norms, and banks will have to treat cryptocurrencies as cryptocurrencies, CoinDesk reported. One of the riskiest asset classes. The document gives the European Commission until June 2023 to propose a bill and says banks should apply a 1,250% risk weight to crypto exposures by the end of 2024. This means that banks cannot get any leverage and must issue one euro of capital for every euro of cryptocurrency held.