In a joint assertion launched by three federal businesses in america, the banking sector was suggested to not create new danger administration rules to fight liquidity dangers stemming from cryptocurrency market vulnerabilities.
Federal Reserve Board, Federal Deposit Insurance coverage Company (FDIC), and Workplace of the Comptroller of the Forex (OCC) launch An announcement reminding banks to use current danger administration rules when coping with crypto-related liquidity dangers.
- Deposits made by crypto-asset-related entities for patrons (finish clients) of crypto-asset-related entities.
- Deposits that represent stablecoin-related reserves.
Preserve studying on Cointelegraph
