US Fed Regulators Warn Banks: Strengthen Crypto Custody Risk Controls

U.S. Federal regulators are issuing a cautionary statement to banking institutions, urging them to enhance and fortify their risk management protocols and controls related to the custody of cryptocurrencies in order to mitigate potential vulnerabilities and ensure the stability of the financial system. source: https://voiceofcrypto.online/ampstories/web-stories/us-fed-regulators-warn-banks-strengthen-crypto-custody-risk-controls