WASHINGTON, Jan 4 ― US bank regulators warned yesterday that crypto assets and exposure present risks to lenders, urging organisations to ensure they manage the dangers.
“It is important that risks related to the crypto-asset sector that cannot be mitigated or controlled do not migrate to the banking system,” said the Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency. There is also “significant volatility” in crypto-asset markets, and contagion risk in the sector due to connections between parties ― including through opaque lending, investing or funding.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apad to meet school bus operators on Jan 3, says LokePETALING JAYA: The Land Public Transport Agency (Apad) will hold a meeting with the school bus operators on Jan 3 to discuss several issues raised by them.
Source: staronline - 🏆 4. / 75 Read more »
Covid-19 (Jan 2): 360 new cases, 1 deathHospitalisation numbers are also dropping.
Source: malaysiakini - 🏆 20. / 51 Read more »
Covid-19: Sabah to decide on SOPs for arrivals from China on Jan 4KOTA KINABALU: The Sabah Cabinet will make a decision on Wednesday (Jan 4) on Covid-19 standard operating procedures (SOPs) for people arriving from China.
Source: staronline - 🏆 4. / 75 Read more »
Puspakom keluarkan jadual unit pemeriksaan bergerak Jan 2023 – termasuk luar kawasan di Sabah/Sarawak - paultan.orgPuspakom telah mengeluarkan jadual Januari 2023 bagi bagi unit pemeriksaan bergerak untuk Semenanjung Malaysia dan juga ujian luar kawasan di Sabah dan Sarawak. Trak unit pemeriksaan bergerak itu bakal ke Perak, Johor, Terengganu, Kelantan, Pahang …
Source: paultan - 🏆 22. / 51 Read more »
'Harapan meet on Jan 7 to discuss polls in 6 states, possible BN tie-up'We’ll also do a GE15 post-mortem, Saifuddin adds.
Source: malaysiakini - 🏆 20. / 51 Read more »