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29.03 - 13:19
Banks Should Be Careful About Crypto, Says Fed’s Michael Barr
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Banks should be wary of investing in risky crypto assets, a top U.S. financial regulator said.
In remarks scheduled for delivery Thursday morning, Michael Barr, the Federal Reserve’s vice chair for supervision, said regulators are investigating crypto assets and will issue more guidance to banks that want to invest in them.
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