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Bitcoin NewsNews
Inspector Normal needs FDIC to refine crypto threat evaluation course of, steering
by Jeremyby JeremyThe FDIC adopted a “backside up” strategy to crypto threat in early 2022, the OIG That strategy consists of understanding supervised establishments’ crypto-related actions, offering case-by-case supervisory suggestions and “offering broader business steering on an interagency To know…
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Exchanges
IMF paper proposes threat evaluation framework for integrating crypto into monetary system
by Jeremyby JeremyThe IMF analysis follows a number of failures within the crypto area, together with the collapse of TerraUSD and FTX, which have led to calls to strengthen regulatory frameworks associated to crypto Furthermore, the authors fashion the crypto trade…
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Altcoin NewsNews
IMF working paper proposes country-level evaluation matrix for crypto dangers
by Jeremyby JeremyOn 29, the IMF printed a working paper titled “Assessing Macrofinancial Dangers from Crypto Throughout the paper, authors Burcu Hacibedel and Hector Perez-Saiz proposed a crypto-risk evaluation matrix (C-RAM) for international locations to identify indicators and triggers of…
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The eNaira was the world’s second CBDC, premiering in October 2021, after the Bahamian Sand The paper discovered its retail aspect had been intermediated, however had no issues with latency, because it has but to make its breakthrough past…
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Altcoin NewsNews
FDIC to prioritize crypto threat evaluation as banks carry out poorly in Q2
by Jeremyby JeremyAddressing the Senate Banking Committee at a current listening to , FDIC appearing chairman Martin Gruenberg highlighted the reasonable decline in internet earnings of banks in Q1 and Q2 2022 owing to a rise in mortgage balances and provision expense whereas…
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In an 5 letter addressed to Legal professional Normal Merrick Garland, 11 Republican lawmakers requested the Justice Division for a duplicate of its “evaluation of whether or not legislative modifications could be essential to difficulty a CBDC,” as…
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