For the first time ever, regulators in the United States issued a joint warning to banks about crypto-related risks, prompted by the massive failures of several large crypto companies. Raising concerns about crypto's place in the banking sector, three US regulators – the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) – issued a joint statement on cryptoasset risks to banking organizations. ... Read More: Is Crypto About to be Locked Out of the US Banking as Regulators Seeks to Forestall Contagion?
