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Posts Tagged ‘crypto-asset-related activities’

Close Up Shot Of Bitcoin And Alt Coins Cryptocurrency Standing Over A Hundred Dollar Bill. High Angle View, No People

Federal Reserve Issues Supervisory Letter on Crypto Activities for Banks

Similar to what the OCC issued in December 2021, in August 2022, the Federal Reserve Board (FRB) issued a Supervisory Letter outlining the steps FRB member banks should take prior to engaging in crypto-asset-related activities, such as assessing whether such activities are legally permissible and determining whether any regulatory filings are required. Additionally, the Supervisory […]