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The FDIC, the Fed, and the OCC say that they will provide greater clarity for the regulation of cryptocurrencies and other digital assets.
Heavy-hitter federal regulators say new rules are coming for cryptocurrencies, the new, mostly unregulated financial sector that competes with traditional banks without offering deposit insurance, the banks’ most important protection. And cryptography has been beset by high-profile scandals that have cost some would-be crypto millionaires their entire fortunes. As well, at a time of worsening...
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