In a joint statement, the Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have advised banks against introducing new risk management principles to address liquidity risks caused by crypto-asset market vulnerabilities. They reminded banking organizations to stick to existing risk … US federal agencies issue a joint statement on liquidity risks of crypto-assets: Here is what you need to know Read More »
