Quarles

Fed’s Quarles Says It is ‘Excessive Precedence’ – Regulation Bitcoin Information

U.S. authorities companies are urgently working collectively on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We together with the OCC and the FDIC are engaged proper now in what we’re calling a dash in looking for to tug collectively views on” crypto regulation. US Businesses Collaborating …

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Fed, OCC, FDIC in ‘dash’ on regulation for crypto, Quarles says

Monetary Stability Board chair and Federal Reserve Vice Chairman for Supervision Randal Quarles addresses the Financial Membership of New York in New York Metropolis, U.S., October 18, 2018. REUTERS/Brendan McDermid Federal Reserve Vice Chair of Supervision Randal Quarles stated on Tuesday that U.S. monetary regulatory businesses are working collectively on addressing points associated to cryptocurrency. …

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Fed’s Quarles: Financial institution supervisors do not get crypto

WASHINGTON— The Federal Reserve’s high supervisory official stated Thursday that financial institution regulators must be paying extra consideration to the rise of stablecoins and digital foreign money. The feedback from Fed Vice Chairman for Supervision Randal Quarles come at a time when a number of of the nation’s largest banks have reportedly began providing rich …

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