Today news
About the same in other media
U.S. regulatory agencies release joint report on ‘potential crypto-asset activities’ of banking organizations
Reading now: 128
Three major US agencies–Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency– released a joint statement recently. It listed crypto activities that will be considered permissible for the banking organizations.
The US regulatory framework in the crypto front has long been fragmented. It was the very reason why SEC Commissioner Hester Peirce dismissed the idea for a new crypto regulator.
It is noteworthy that none of these watchdogs were a part of the “policy sprints” that have been conducted so far. The focus of the report included developing a common vocabulary for the banking sector in relation to crypto-assets. Additionally,
“Identifying and assessing key risks… and considering legal
Read more on ambcrypto.comAbout this in other media
Visa to launch crypto consultancy to help banks tackle bitcoin fnlondon.com /3 years ago
Government mulls over giving deadline to declare crypto assets: Report moneycontrol.com /3 years ago
What Next For Crypto In India? Deadline To Declare Crypto Assets: Report ndtv.com /3 years ago
Show more
The website finance-news.co 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.
