New FDIC Crypto Warning Underlines U.S. Banking Agencies’ Arm’s-Length Policy

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New FDIC Crypto Warning Underlines U.S. Banking Agencies’ Arm’s-Length Policy

The report makes no new policy, and it adds to the consistent view from U.S. banking agencies – including the Office of the Comptroller of the Currency and the Federal Reserve – that banks should mostly keep their distance from digital assets, unless their federal regulators are comfortable with the specific activity. www.coindesk.com

The report makes no new policy, and it adds to the consistent view from U.S. banking agencies – including the Office of the Comptroller of the Currency and the Federal Reserve – that banks should mostly keep their distance from digital assets, unless their federal regulators are comfortable with the specific activity.

www.coindesk.com

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