Fed Chair Jerome Powell says banks can serve crypto clients if risks are managed adequately

Federal Reserve Chair Jerome Powell stated that banks are free to serve with crypto, provided they effectively manage the associated risks.  During his speech following the ‎Federal Open Market Committee (FOMC) meeting, Powell added: “The threshold has been a little higher for banks engaging in crypto activities, and that’s because they’re so new.”  Despite this […] The post Fed Chair Jerome... source: https://cryptoslate.com/fed-chair-jerome-powell-says-banks-can-serve-crypto-clients-if-risks-are-managed-adequately/