Today news
About the same in other media
US regulators will issue guidance for banks dealing with cryptocurrencies in 2022
Reading now: 100
Thomas Trutschel/Photothek via Getty Images
US regulators said they plan to issue guidance next year on the role of traditional banks in cryptocurrencies to promote consumer protection and compliance.
The Federal Reserve's board of governors, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency revealed they recently conducted a series of interagency «policy sprints» focused on digital asset activities banks may be interested in, according to a joint statement Tuesday.
They include crypto custody, sales of crypto assets, loans collateralized by crypto assets, holding these on their balance sheets, and stablecoins, among others.
Thus far, the three federal agencies said they have focused on developing a
Read more on markets.businessinsider.comAbout this in other media
Watch: 6 Crypto CEOs Testify About Threshold Issues, Bitcoin Mining, and More cryptonews.com /3 years ago
CFTC commissioner discourages enforcement actions without regulations ambcrypto.com /3 years ago
Japan's financial regulators may propose legislation in 2022 restricting stablecoin issuance cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
