Cryptoknowmics
2023-02-24 10:33:47

130 US Banks Are Exploring Crypto, Study by Bitcoin Attracting Banks

A growing number of banks in the United States that are regulated by the Federal Deposit Insurance Corporation are conducting research in the market for digital currencies because of rising consumer demand for bitcoin and related services. Bitcoin is attracting more US banks The independent Office of Inspector General announced that bank involvement in the digital assets industry had increased. Lenders subject to the FDIC’s mandate to adhere to appropriate guidelines highlighting the significance of ensuring that their deposit insurance policies and procedures take into account the risks posed by digital assets. The FDIC provides insurance to protect depositors in The post 130 US Banks Are Exploring Crypto, Study by Bitcoin Attracting Banks appeared first on Cryptoknowmics-Crypto News and Media Platform .

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