Breaking: Fed Chairman Powell stated that the U.S. banking industry can now "freely engage in crypto assets business." This paves the way for true custody, settlement, and access. Regulation is finally clear, and capital always follows clear rules. Crypto assets will soon be as "free" as stocks.
The participation of American banks in cryptocurrency business is permitted, but it still needs to operate under the regulatory framework of institutions such as the Fed and the OCC, with strict risk control and compliance operations. #加密市场回暖 #加密市场观察
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Breaking: Fed Chairman Powell stated that the U.S. banking industry can now "freely engage in crypto assets business." This paves the way for true custody, settlement, and access. Regulation is finally clear, and capital always follows clear rules. Crypto assets will soon be as "free" as stocks.
The participation of American banks in cryptocurrency business is permitted, but it still needs to operate under the regulatory framework of institutions such as the Fed and the OCC, with strict risk control and compliance operations. #加密市场回暖 #加密市场观察