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In recent years, certain banks have expressed interest in or have engaged in crypto-asset-related activities or have provided banking services to crypto-asset firms. Some crypto-asset firms...
In Short - The Situation: Since clarifying the legal permissibility of certain crypto activities in 2020 and early 2021, the Federal banking agencies have begun to...
On January 3, the Board of Governors of the Federal Reserve (FRB), Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) issued a Joint...
Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation FDIC, Office of the Comptroller of the Currency OCC, nation’s primary banking regulators, came together to issue Joint Statement on Crypto-Asset Risks to Banking Organizations.
On the first business day of the year, January 3, 2023, the Board of Governors of the Federal Reserve System (“the Fed”), the Federal Deposit Insurance Corporation (“FDIC”) and the...