The federal banking regulators have each recently adopted a more permissive approach to the regulation of cryptocurrency activities within the banking sector. The Office of the Comptroller of the Currency (OCC), the Federal...more
5/5/2025
/ Banking Sector ,
Banks ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
FinTech ,
New Guidance ,
OCC ,
Regulatory Reform ,
Regulatory Requirements
On Friday 28 April 2023, the Board of Governors of the Federal Reserve System (the FRB) and the Federal Deposit Insurance Corporation (the FDIC) each released a report regarding a recent bank failure. The FRB report covered...more
On 27 January 2023, the Board of Governors of the Federal Reserve System (the FRB) issued a policy statement (the Policy Statement) that limits state member banks to the activities which are either permissible for national...more