Summary: Regulators instructed boards and executives to view crypto custody as a service t

Written by

News: Regulators instructed boards and executives to view crypto custody as a service that relies on exclusive control of private keys and other sensitive data. Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. The Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (Fed), and the Federal Deposit Insurance Corporation (

2).

Source: https://cryptoslate.com/occ-fed-fdic-publish-joint-guidance-for-banks-offering-crypto-custody/

Summary: Regulators instructed boards and executives to view crypto custody as a service t

Comments

Leave a Reply Cancel reply

More posts

Investment advisors command largest share of adoption across traditional finance sectors. Goldman Sachs leads individual institutional holders with $721.8 million. Total institutional exposure across all categories reached $2.44 billion by the end of the second quarter.

Finastra connects its $5 trillion GPP platform to Circle for faster, compliant USDC cross-border settlements. Finastra CEO Chris Walters said the partnership is designed to give banks an off-the-shelf option to test digital settlement.