Banks can at present present publicity to sector, however not custody, as trade seeks partnership
The US congressional analysis service (CRS) has questioned whether or not the Federal Reserve ought to be allowed to control cryptocurrencies or whether or not Congress ought to resolve which crypto corporations can have grasp accounts with the Fed and entry to its low cost window.
The CRS doesn’t suggest coverage however outlines subjects that Congress might want to think about. Its paper, printed on February 3, covers a spread of points, together with the Fed’s independence and its remittances to the Division of the Treasury.
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