Crypto-Follow logo Crypto-Follow logo
The Daily Hodl 2022-04-08 18:41:18

FDIC Issues Warning to US Banks, Says Crypto Assets Could Disrupt Traditional Finance System

The Federal Deposit Insurance Corporation (FDIC) is issuing a warning to US banks over the safety of crypto assets. In a new statement, the regulatory agency says that crypto-related activities may pose significant financial risks to both institutions and consumers. “The FDIC is issuing this letter to address the engagement by FDIC-supervised institutions in crypto-related […]The post FDIC Issues Warning to US Banks, Says Crypto Assets Could Disrupt Traditional Finance System appeared first on The Daily Hodl.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer