US exploring how banks can hold and trade cryptocurrency like traditional assets, FDIC chairman says

Source: Tech – South China Morning PostA top US bank regulator said US officials are looking to provide a clearer path for banks and their clients that are looking to hold cryptocurrencies, in order to keep control over the fast-developing asset.Jelena McWilliams, who chairs the Federal Deposit Insurance Corporation, told Reuters in an interview on Monday that a team of US bank regulators is trying to provide a road map for banks to engage with crypto assets.That could include clearer rules over holding cryptocurrency in custody to…Read More

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