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 Coinbase reaches $100M settlement with NY regulators January 4, 2023 US regulators shut down Signature Bank despite ‘no insolvency’: Report March 13, 2023 NFT partnerships and protocol integrations boost Tezos, WAX and Aleph.im December 8, 2021