This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Can't wait for the Snyder Cut of this interagency team-up in US crypto

In recent US Congressional testimony on oversight of depository institutions, Acting Comptroller Michael Hsu teased the prospect of collaboration by the OCC, Federal Reserve, and FDIC on crypto regulation. 

While a coordinated effort by these banking regulators would be preferable to an existing approach that Mr. Hsu described as "fragmented", it may yet take an even larger team-up involving the SEC and the CFTC to better shape the overall US federal regulatory landscape for digital assets.  

One can only hope for a sequel where state-level regulators join as well. 

The OCC, Federal Reserve and FDIC are considering an 'interagency sprint team' for crypto regulation

Subscribe to our Tech Insights blog for insights, updates and news from our experts - subscribe now!

Tags

fintech