33 min listen
727. FED Releases Crypto Banking Guidelines | Institutional Regulation Coming Soon?
727. FED Releases Crypto Banking Guidelines | Institutional Regulation Coming Soon?
ratings:
Length:
42 minutes
Released:
Aug 17, 2022
Format:
Podcast episode
Description
Up until now, American financial institutions that wanted to conduct both crypto transactions and traditional banking services have had to pick a lane. That may soon change. The Federal Reserve released formal guidelines this afternoon to oversee the process by which “institutions offering new types of financial products or with novel charters” could be granted so-called “master accounts,” a key financial status that allows for direct payments with, and access to, the Fed. All federally-chartered banks possess a master account. On this episode, we'll explain what this all means for crypto adoption as well as dive into recent crypto exchange chaos that continues to ravage sentiment on centralized crypto custody exchanges.~This episode is sponsored by Bybit~Receive up to a $500 Bonus upon depositing & signing up to Bybit.Join Now! - https://bit.ly/ByBitPBN2
Released:
Aug 17, 2022
Format:
Podcast episode
Titles in the series (100)
571. GameStop NFTs Launch on Loopring Instead of Immutable-X | + Hro Hybrid NFTs The Next VeVe?: Loopring has said that it will be powering GameStop's new NFT marketplace. The gaming retailer had previously announced its NFT marketplace would be built on Immutable X’s Ethereum scaling solution. Meanwhile, Warner Bros has partnered with Hro to... by Tech Path Crypto Investing