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With this, the U.S. regulators promised to take a careful and cautious approach to crypto activities and exposure at banking organizations.
The post US Regulators on Banks: Crypto Risks Should Not Be Integrated with Banking System appeared first on BitPinas.
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session.
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management.
While crypto has been mostly weathered past hacks, scams, and crashes, acting OCC head Michael Hsu warns the risks may be multiplying as the technology goes mainstream.
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