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2023-01-28 19:30:45

US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities

US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities

The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from providing crypto-assets safekeeping services. Limiting Regulatory Arbitrage The

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