They ought to maintain one hundred pc reserves in prime quality, liquid belongings — like U.S. treasuries or money at the Federal Reserve — towards their coin liabilities, plus a further capital cushion in opposition to operational losses, asset value

Crypto is an investable asset, and some, similar to bitcoin, have performed exceedingly nicely over the previous five years. There are, after all, clear volatility dangers that must be thoughtfully thought-abo

However, cryptocurrencies do not match neatly into the existing regulatory framework, creating ambiguity that lawmakers will likely should resolve. Securities and Exchange Commission Chairman Gary Gensler ha