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2023-01-05 02:30:03

US Regulators and the Fed Jointly Issue Crypto Warnings

US Regulators and the Fed Jointly Issue Crypto Warnings

The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have jointly issued warnings about crypto risks to banking organizations. “The agencies have significant safety and soundness concerns with business models that are concentrated in crypto-asset-related activities or have concentrated exposures to the crypto-asset sector,” the

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