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3232US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks
https://www.digit.info/us-regulators-and-federal-reserve-issue-joint-warning-about-crypto-liquidity-risks/
Sat, 25 Feb 2023 02:00:59 +0000https://www.digit.info/2023/02/25/us-regulators-and-federal-reserve-issue-joint-warning-about-crypto-liquidity-risks/Read more]]>U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type, as permitted by law or regulation.” US Regulators Issue Joint Statement on Crypto […]
]]>FDIC Asks Thousands of Banks to Disclose Crypto Plans
https://www.digit.info/fdic-asks-thousands-of-banks-to-disclose-crypto-plans/
Mon, 11 Apr 2022 11:30:27 +0000https://www.digit.info/2022/04/11/fdic-asks-thousands-of-banks-to-disclose-crypto-plans/Read more]]>The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare existing crypto activities and any plans they have to engage in crypto activities in the future. Banks to Disclose Crypto Plans to FDIC The Federal Deposit Insurance Corporation (FDIC), an agency created by Congress to […]
]]>FDIC Makes Crypto Evaluation a Priority This Year Citing ‘Significant Safety and Financial System Risks’
https://www.digit.info/fdic-makes-crypto-evaluation-a-priority-this-year-citing-significant-safety-and-financial-system-risks/
Tue, 08 Feb 2022 23:00:56 +0000https://www.digit.info/2022/02/08/fdic-makes-crypto-evaluation-a-priority-this-year-citing-significant-safety-and-financial-system-risks/Read more]]>The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid introduction of a variety of crypto-asset or digital asset products into the financial system could pose significant safety and soundness and financial system risks,” the FDIC said. Crypto Evaluation Named a Priority for FDIC The […]
U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type, as permitted by law or regulation.” US Regulators Issue Joint Statement on Crypto […]
The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare existing crypto activities and any plans they have to engage in crypto activities in the future. Banks to Disclose Crypto Plans to FDIC The Federal Deposit Insurance Corporation (FDIC), an agency created by Congress to […]
The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid introduction of a variety of crypto-asset or digital asset products into the financial system could pose significant safety and soundness and financial system risks,” the FDIC said. Crypto Evaluation Named a Priority for FDIC The […]