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cryptonews
2023-01-06 13:10:00

Is Crypto About to be Locked Out of the US Banking as Regulators Seeks to Forestall Contagion?

Is Crypto About to be Locked Out of the US Banking as Regulators Seeks to Forestall Contagion?

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?

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