FDIC Faces Blockchain Risk Pressure as U.S. Watchdog Pushes Urgent Crypto Oversight

4 hours ago 5

Rommie Analytics

Key Takeaways:

The U.S. Government Accountability Office (GAO) is calling for greater attention to the risk of blockchain by the FDIC.
No formal coordination mechanisms for the surveillance of blockchain-related financial risks have been introduced yet by regulators.
This is as stablecoins, tokenized assets and crypto-linked banking services keep growing.

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