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US regulator warned banks on crypto but did not order halt to business, documents show

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WASHINGTON : A U.S. bank regulator told banks to pause dabbling directly in crypto in 2022 and 2023, but did not order them to stop providing banking services to crypto companies contrary to industry complaints of widespread "debanking," according to documents released on Friday. A judge ordered the Federal Deposit Insurance Corporation to provide versions of supervisory "pause letters" it sent to unidentified banks after History Associates Incorporated, a research firm hired by crypto exchange

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US regulator warned banks on crypto but did not order halt to business, documents show https://www.channelnewsasia.com - 03.01.2025 19:58
US regulator warned banks on crypto but did not order halt to business, documents show https://www.channelnewsasia.com/ - 03.01.2025 19:55
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