Tue. Dec 7th, 2021

American regulators may soon offer more insights Validity of cryptocurrency deals. Bloomberg Report There are Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and Office of the Controller of Currency (OCC). To share A roadmap for their crypto priorities for 2022, and they primarily focus on “greater clarity” around the legal status of transactions. Everything from this can be included stablecoin Debt parallel and reveals the presence of crypto in the company’s balance sheet.

The three agencies are expected to study how US banks can apply bank capital and liquidity standards to institutions. The roadmap is not locked in place – companies say they can tackle other issues as the market changes.

The outline follows a wave of crypto policy “sprints” that helped set regulatory priorities for the years ahead. Reserve, FDIC and OCC general ground targets which include risk identification and determining the applicability of existing regulations.

This roadmap cannot lead to a precise strategy. There is no guarantee that this will work for crypto holders. U.S. regulators have historically erred Beside caution, And it wouldn’t be a surprise if cryptocurrency users had to delay or even stop certain activities to stay on the right side of the law.

All products offered by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you purchase something through one of these links, we may receive an approved commission.

Source link

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *