Acting Comptroller of the Currency Michael Hsu says the industry’s recent drama makes his agency more confident about limiting banks’ exposure to crypto.
The SEC’s directive that customers’ digital assets may need to be treated as belonging to an exchange’s balance sheet has banking regulators scratching their heads about how it’ll work.
The word of caution comes after Democrats warned a top environmental official in April about harms of digital assets mining.
Mientras que Janet Yellen se prepara para reunirse CEOs de bancos de Wall Street, un oficial del Departamento del Tesoro dijo que el colapso del mercado cripto demuestra la necesidad de regulaciones.
While Secretary Janet Yellen prepared to meet with Wall Street banking CEOs, an official from the Treasury Department said the crypto market turmoil shows a need for regulations.
El presidente de la Comisión de Comercio de Futuros de Productos Básicos, Rostin Behnam, señaló que el proyecto de ley permitiría a la agencia imponer fees al sector cripto.
The stage at Consensus 2022 erupted with an intense dispute over the future of a Fed-managed digital currency.
Rostin Behnam noted the bill would allow the CFTC to assess fees on the industry.