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
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
www.federalreserve.gov /supervisionreg/srletters/SR2307.htm
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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.