Crypto Firms and Regulators Collaborate to Shape Mainstream Banking and Custody Solutions
TL;DR Summary
Federal banking regulators issued a joint statement emphasizing the importance of risk management for banks holding crypto-assets, reminding them to do so safely and in compliance with laws, without establishing new supervisory expectations.
- Agencies issue joint statement on risk-management considerations for crypto-asset safekeeping Federal Reserve Board (.gov)
- Crypto companies race to secure banking foothold in US Financial Times
- US Bank Regulators Provide Blueprint for Lenders’ Crypto Custody Bloomberg.com
- USDC Issuer Circle Wants to Be a Bank, But Not Like Any Bank You’ve Ever Seen TipRanks
- Crypto firms move toward mainstream banking amid U.S. regulation shift: FT (CRCL:NYSE) Seeking Alpha
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