US bank regulators drafting rules for cryptoassets

2021-11-24

The three main US federal bank regulators have said they will publish new guidance next year on how banks can be involved with cryptocurrencies. The Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. have said they will provide guidance on what types of cryptoassets banks can handle, as well as how to protect consumers and comply with existing laws.

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