The Federal Reserve prepares the Novel Activities Supervision Program to head off dumb greedy assholes crashing their banks with crypto and risking the entire banking system
https://www.federalreserve.gov/supervisionreg/srletters/SR2307.htm
https://www.federalreserve.gov/supervisionreg/srletters/SR2307.htm
1 Comments
AceOfSpades@lemmy.world · 1 pts · 3y
Great to see you here David! It's a little quiet here, for sure. The FED's wording here is a little vague as to what it will actually do (par for the course) but I wonder if proper stablecoin audits are finally on the menu.