Is it allowed for European banks to exclude crypto assets from personal wealth assessments?

Last updated on October 3, 2025

No, it is not allowed. As of 2024, under the Markets in Crypto-Assets Regulation (MiCA), banks and financial advisors must include declared crypto holdings in personal wealth assessments when offering financial planning or credit services. This ensures accurate risk profiling and compliance with anti-money laundering rules.

 

https://commission.europa.eu/publications/markets-crypto-assets-regulation_en

1/10/2024

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