The primary banking regulators of the United States waited three days after New Year’s Eve to send up a firework, and their news release could mark the start of an exciting new phase in the evolution of the digital asset market.
The big three banking regulators are Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC). According to their statement, “It is important that risks related to the crypto-asset sector that cannot be mitigated or controlled do not migrate to the banking system.”
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