U.S. banking regulators warned financial institutions on Tuesday that dealing with cryptocurrency exposes them to an array of risks, including scams and fraud.
"The events of the past year have been marked by significant volatility and the exposure of vulnerabilities in the crypto-asset sector," the regulators said in a joint statement from the Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency.
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether's superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called "the merge."U.S. banking regulators warned financial institutions on Tuesday that dealing with cryptocurrency exposes them to an array of risks, including scams and fraud.
"The events of the past year have been marked by significant volatility and the exposure of vulnerabilities in the crypto-asset sector," the regulators said in a
You mean just like regular banks?
Lol, thanks for the tip. Kinda late dontcha think?
hey Joe,crybaby snowflake, move to florida plse. ny real estate 20 % higher than before pan. just like your prediction of no heat in europe and coming here,another great call.
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Federal regulators warn banks to beware of 'significant' risks surrounding crypto assetsFederal regulators warn that banks should be aware of the key risks associated with crypto-assets as marked by events of the past year.
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FTX founder Sam Bankman-Fried set to plead not guilty to fraud charges, report saysLegal experts expect a prolonged court battle in Sam Bankman-Fried's case, during which prosecutors will have to prove he intentionally swindled FTX customers out of their crypto assets. Your sympathy for this criminal because you share his political views is disgusting. hacks. You can't swindle someone out of something that doesn't exist. He'll go free Is that all, because I understand he spent their money on his lavish lifestyle.
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Binance CEO Changpeng Zhao Sets the Record Straight | HackerNoonChangpeng Zhao, CEO of Binance, discusses FTX and SBF. - cryptocurrency cryptoexchange that's not cz_binance
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