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 Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks June 17, 2022 Bitcoin Regains Momentum as US Fed Leaves Rates Unchanged March 18, 2026 CFTC charges residents of Florida, Louisiana, Arkansas for crypto fraud August 12, 2023