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SEC Chair Gary Gensler Blames Crypto For Banking Crisis

source-logo  coingape.com  + 1 more 11 May 2023 17:41, UTC
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The year 2023 started with U.S. banking regulators the OCC, the Federal Reserve Board, and the FDIC joint statement highlighting risks posed by crypto to the banking sector. The regulators stated to take a cautious approach related to crypto asset-related activities and exposures at each banking organization.

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