Many crypto asset activities pose ‘novel risks’ to banks, says Fed vice chair for supervision Post author:MiamiCrypto Post published:October 12, 2022 Post category:Banks / Cryptocurrencies / Federal Reserve / Regulation / Stablecoins Michael Barr suggested financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities around use cases of innovative technologies. You Might Also Like House Passes Clarity Act in Stunning 294-134 Vote July 17, 2025 Crypto community baffled by SBF dictating terms over congressional hearing December 5, 2022 BlackRock joins stablecoin issuer Circle’s $400M funding round April 12, 2022