Bitcoin $87,160.49 The price of MTGOX’ın now fluctuates the last transfers, EMB officials say that interest rates will go down to 2 percent. On Friday, the next PCE data is expected to be supportive for the crypto, while the possibility of fear of fear on April 2 makes investors hope. Today, crypto currency tsar has increased hopes even more with a new announcement.
Good news for crypto coins
During the Biden period, FDIC took steps against the crypto currencies and became a barrier in front of companies to receive banking services. US Federal Deposit Insurance Institution is prevented from receiving important financial services crypto currency It is now taking action for companies. President Donald Trump announced that they will do their part in the Crypto Monetary Policy, who was appointed as the Vice President of the FDIC in January, and that they are actively working on policy -making.
Hill said;
Most Most of the activities that may threaten the reputation of a bank, although the reputation of a bank is critical, occurs through traditional risk channels (eg credit risk, market risk, etc.), where auditors already focus on.
We are actively working on a rule that we hope that we can publish in the near future to ensure that auditors do not criticize their activities or actions on the basis of reputation risk. ”
With the threat of reputation of the auditors, the effort to keep banks away from crypto currency was thus wasted.
The US currency supervisory office announced that they have terminated the examination of national banks and financial institutions in terms of reputation risk, as we have announced earlier. This means that they can easily work with customers providing crypto money.
The Senate Banking Committee shared the following from the X account about FDIC’s move;
“This follows the Committee’s acceptance of the FIRM Act that will eliminate the risk of reputation between @SenatortimScott among all federal banking regulators.”
Crypto Money Tsar and Good news
White House Crypto And the artificial intelligence tsar David Sacks once again gave the good news that negative discrimination against crypto has ended in his sharing.
“In practice, these uncertain and subjective criteria were used to justify the non -banking of legal crypto enterprises through the ChoKepoint 2.0 operation. Banking criteria should be objective and quantitative and should not be based on the potential of unrealistic stories.”
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
