United States.- US regulators will decide in 2022 which crypto activities are “legally acceptable” in banking.
Madrid, 23 (Europa Press)
The United States Federal Reserve (Fed), the Federal Deposit Insurance Corporation (Fdic) and the Office of the Currency (OCC) plan to decide during the next year which cryptocurrency-related activities they consider “legally acceptable”. . by country’s banks
The three regulatory bodies concluded in a statement issued on Tuesday that “the emerging crypto-asset sector presents potential opportunities and risks for banking organizations, their customers and the financial system.”
Because of this interest, government agencies have drawn up a roadmap to study the effects of crypto assets and inform banks which activities are “legally acceptable.” They will also report next year on their expectations regarding system safety, consumer protection and regulatory compliance.
As such, the Fed and the other two entities will consider whether banks can provide custody services for crypto assets, if they can facilitate the sale and if they can collateral (guarantees) crypto assets for credit. can be accepted as They will also examine whether US banks can issue and distribute ‘stablecoins’ and what activities they will need to do to reflect on their balance sheets.
Similarly, they will also evaluate the possibility of applying the same liquidity and capital standards that banking has to adhere to for crypto-asset activities.
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