Connect with us

Business

Federal Reserve Finalizes Guidelines for Access to Its Payment Systems



The Federal Reserve mentioned Monday it could undertake a tiered strategy towards figuring out whether or not to grant monetary establishments entry to its cost methods and signaled that cryptocurrency companies can be topic to a better degree of evaluation.

“Institutions that engage in novel activities and for which authorities are still developing appropriate supervisory and regulatory frameworks would undergo a more extensive review,” the Fed mentioned in a press launch.



Source link

Trending