The European Commission is proposing to make it easier for commercial lenders to hold stablecoins and tokenized assets, in contrast to the European Parliament's previous stance on discouraging crypto holdings. The Commission's leaked document suggests a 250% risk weight for stablecoins tied to non-fiat assets like gold, while tokenized assets and stablecoins based on fiat currencies like the US dollar would be treated the same as the underlying instrument. The proposal aims to anticipate global standards and align with the forthcoming Markets in Crypto Assets regulation, set to take effect in July 2024. Supervisors would also need to ensure that individual banks are managing the risks of holding crypto, including cybersecurity, money laundering, and valuation problems.