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US Fed Reminds Banks to Check for Legal Permissibility Before Offering Crypto-Related Services

The Federal Reserve's open letter directs banks to contact their supervisor at the central bank prior to engaging with crypto.

Na-update May 11, 2023, 6:20 p.m. Nailathala Ago 16, 2022, 6:54 p.m. Isinalin ng AI
Federal Reserve building in Washington, D.C. (Anna Moneymaker/Getty Images)
Federal Reserve building in Washington, D.C. (Anna Moneymaker/Getty Images)