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Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets – Regulation Bitcoin News

By news.bitcoin.com on October 27, 2021


A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going to develop outside of the banks ... The federal regulators won’t be able to regulate it.”

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