U.S. regulators issue post-FTX collapse crypto warning to banks

01/03 23:53

According to The Block, U.S. banking regulators remain skeptical of banks holding digital assets. The Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. put out a joint statement that reminded banks of their safety and soundness obligations and outlined risks they see in the cryptocurrency sector. Though the statement noted that banks aren't prohibited from doing business with companies that operate within the law, the regulators raised several red flags for those hoping to dive deeper into crypto-related activities. The list highlighted risks that include the potential for fraud, scams and deceptive practices, in addition to the susceptibility of stablecoins to bank runs. The statement also named issues such as uncertain redemption rights and unknown custody practices at crypto businesses as areas of concern. The agencies wrote: "Given the significant risks highlighted by recent failures of several large crypto-asset companies, the agencies continue to take a careful and cautious approach related to current or proposed crypto-asset-related activities and exposures at each banking organization."

11ЛайкПоделиться

Заявление об освобождении от ответственности：Материалы выше не представляют собой позицию HTX.，HTX не дает никаких торговых рекомендаций.。