Browsing: Technology

Compliance and Risk

Banks can expect additional guidance from regulators over the next year clarifying the types of crypto-related activities they may be permitted to engage in, the agencies announced in a joint statement today. As a result of a recent “crypto sprint,” the FDIC, Federal Reserve and OCC unveiled a crypto-asset roadmap that will guide their work in 2022.

Cybersecurity

With ransomware attacks increasing in frequency and sophistication, the FBI and the Cybersecurity and Infrastructure Security Agency yesterday issued a reminder to public and private organizations to remain vigilant and take precautions to reduce their susceptibility to ransomware during the holiday season.

Newsbytes

Bank regulators are “approaching crypto activities very carefully and with a high degree of caution,” Acting Comptroller of the Currency Michael Hsu said today at an industry event, adding that “we expect banks to do the same.”

1 33 34 35 36 37 114