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The Daily Hodl 2023-06-27 16:55:12

Fed Governor Says Unclear Digital Asset Regulation Putting Banks in ‘Perilous Position’

Federal Reserve governor Michelle W. Bowman says that the lack of clear regulations for crypto assets is placing financial institutions at risk. In a speech delivered in Austria over the weekend, Governor Bowman says that there is a supervisory gap in how regulators oversee novel banking ventures, including activities associated with the crypto space. According The post Fed Governor Says Unclear Digital Asset Regulation Putting Banks in ‘Perilous Position’ appeared first on The Daily Hodl .

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