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Forum Appreciates Federal Reserve Action on Crypto-Related Activities
Fed’s move comes after similar actions from OCC and FDIC
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Washington, D.C. – Financial Services Forum President and CEO Kevin Fromer issued the following statement today in response to the policy update by the Federal Reserve on digital assets:
“This action is a positive move toward regulatory clarity, enabling U.S. banks to innovate with emerging technologies to meet customer needs. The Federal Reserve’s decision follows similar moves from the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation. We appreciate the agencies’ actions.”
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