Federal Reserve, FDIC, and OCC Issue 2nd Joint Statement Highlighting Liquidity Risks to Banks Engaged in Crypto-Asset-Related Activities | Insights : vimarsana.com

On Feb. 23, 2023, the Board of Governors of the Federal Reserve System (Federal Reserve), Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) (collectively, the Agencies) issued a joint statement (Joint Statement) that highlights liquidity risks crypto-asset-related (CAR) funding sources pose to banking organizations and provides some effective practices to manage such risks.

Related Keywords

, Savings Association Authority To Hold Stablecoin , Crypto Companies , Deposit Insurance Corporation , Chartera National Trust Bank , Federal Reserve , Bank To Engage In Certain Cryptocurrency Activities , Counsel Interpretation On National Banks , Office Of The Comptroller , Go To Guide , Joint Statement , Federal Reserve System , Federal Deposit Insurance Corporation , Sources Identified , Presenting Heightened Liquidity , End Customers , End Customer , Consolidated Reports , Interagency Policy Statement , Liquidity Risk Management , Interpretive Letter , National Banks , Federal Savings Association Authority , Hold Stablecoin Reserves , Chief Counsel , Interpretation Clarifying , Certain Cryptocurrency Activities , National Trust Bank , Insured Institutions Regarding Deposit Insurance ,