“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,” according to the statement from agencies that also included the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corp. (FDIC).
Ahead of the U.K. Election, Labour, Conservatives Remain Silent on Crypto
The party's manifesto "referenced a kind of pro-competition environment," said Laura Navaratnam, U.K. policy lead at the Crypto Council for...