CoinGape
2021-10-27 06:52:14

FDIC Chair confirms efforts toward Crypto involvement in the US banking system

Jelena McWilliams, the Federal Deposit Insurance Corporation (FDIC) Chair, confirmed in an interview with Reuters earlier this week, that the U.S. bank regulators are carving out a framework to facilitate holding crypto assets in bank accounts, to further regulate the fast-developing asset class. She noted that authorities are making space for crypto while simultaneously “mitigating The post FDIC Chair confirms efforts toward Crypto involvement in the US banking system appeared first on Coingape.

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