Browsing: Cryptocurrency

Newsbytes Biden administration calls for more digital asset regulation

Federal regulators should “aggressively” pursue enforcement against illegal practices in digital asset markets and redouble efforts to monitor consumer complaints about bad actors, according to a series of interagency reports released today by the Treasury Department.

Newsbytes Fed issues guidance for banks seeking to leap into crypto

In a supervisory letter issued yesterday, the Federal Reserve said that Fed-supervised banks seeking to engage in activities related to cryptocurrency and other digital assets must first assess whether such activities are legally permissible and determine whether any regulatory filings are required.

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