Federal Reserve rolls out new guidelines for crypto-focused banks

Aug. 16, 2022 4:28 PM ETSIVB, CUBI, MCB, SIBy: Max Gottlich, SA News Editor11 Comments

Businessman is holding a bitcoin as part of a business network, Cryptocurrency blockchain connection, Technology and financial investment background concept.

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  • The U.S. Federal Reserve has released guidelines for depository institutions considering cryptocurrency-related activities, according to a supervisory letter Tuesday.
  • While the emerging crypto space presents potential opportunities to the financial system, "crypto-asset-related activities may also pose risks related to safety

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