Fed Backs Banks Joining Crypto Space, Banks Can Now Safely Offer Crypto Tools | WION Business
In a major step forward for crypto, U.S. Federal reserve chair Jerome Powell confirmed that the central bank has no problem with traditional banks getting involved in cryptocurrency as long as they manage risks properly.
This means banks can now offer services like crypto trading, custody, and payments more openly, a move welcomed by many in the digital asset space.
#federalreserve #usa #wion
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