Home Crypto Many crypto asset activities pose ‘novel risks‘ to banks, says Fed vice chair for supervision

Many crypto asset activities pose ‘novel risks‘ to banks, says Fed vice chair for supervision

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Many crypto asset activities pose ‘novel risks‘ to banks, says Fed vice chair for supervision

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Michael Barr suggested that financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities regarding the use cases of innovative technologies.

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