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 Turkey Drafting Crypto Bill to Submit to Parliament in Coming Weeks: Report May 31, 2022 Binance, Coinbase access restricted in Cambodia amid tightening crypto regulations December 3, 2024 Circle and Sequoia were among top depositors at Silicon Valley Bank: Report June 23, 2023