US Regulators To Clarify How Banks Can Engage With Bitcoin In 2022
The Fed, FDIC, and OCC plan to share detailed guidelines for US banks interested in engaging with Bitcoin in the coming year.US banks will be armed with greater regulatory clarity on how they can engage with Bitcoin and cryptocurrency.The Fed, FDIC, and OCC plan to publish guidelines for financial institutions seeking to offer services in the asset class.The team of regulators has analyzed custody, bitcoin collateralized loans, payments, buying and selling, and holding BTC on banks’ balance sheets.A team of U.S. agencies plans to clarify how banking institutions could engage with bitcoin....
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