Federal reserve cryptocurrency regulation

federal reserve cryptocurrency regulation

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It remains to be seen if and when similar guidance will be issued for other crypto-asset-related activities, such as crypto-asset custody and facilitating crypto-asset trading. Article 36 4 mandates the EBA to further specify the liquidity requirements of the reserve of assets; Article 38 5 mandates the EBA to specify the highly liquid financial instruments in the reserve of assets; and Article 45 7 b mandates the EBA to specify the minimum content of the liquidity management policy and procedures. In the demise of the stablecoin TerraUSD, for instance, we had a clear case of a flawed business model coupled with misconduct. ZIP Code.