Today news
About the same in other media
U.S banking regulators developing guidelines for institutional presence in crypto
Reading now: 465
The United States Securities and Exchange Commission (SEC) has remained mostly tight-lipped about cryptocurrency regulations so far. However, banking regulators in the country are reportedly developing a clearer path for banks that are looking to deal in cryptocurrencies. This is being done in a bid to control the rapidly growing asset, before it gets out of hand and fully emerges into the mainstream.
In an interview with Reuters, The Federal Deposit Insurance Corporation’s (FDIC) Chair Jelen McWilliams revealed that a roadmap is being developed for financial institutions. This will include more robust guidelines on how cryptocurrencies can be held in custody. She said,
“I think that we need to allow banks in this space, while appropriately
Read more on ambcrypto.comAbout this in other media
Abu Dhabi’s proactive regulatory approach is doing this for its crypto industry ambcrypto.com /3 years ago
US Congress plans 'demystifying crypto' committee hearing for Nov. 17 cointelegraph.com /3 years ago
Study: 58% of video game developers are already using blockchain cointelegraph.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
