Is Crypto About to be Locked Out of the US Banking as Regulators Seeks to Forestall Contagion?

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By CryptoNews - 1 year ago - Reading Time: 1 minutes

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Is Crypto About to be Locked Out of the US Banking as Regulators Seeks to Forestall Contagion?

For the first time ever, regulators in the United States issued a joint warning to banks about crypto-related risks, prompted by the massive failures of several large crypto companies.
Raising concerns about crypto's place in the banking sector, three US regulators – the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) – issued a joint statement on cryptoasset risks to banking organizations. ...
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Original source: CryptoNews