US Federal Reserve Creates “Novel Activities Supervision Program,” Targets Digital Assets and Tech Partnership with Financial Services Provided by “Nonbanks”

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US Federal Reserve Creates “Novel Activities Supervision Program,” Targets Digital Assets and Tech Partnership with Financial Services Provided by “Nonbanks”

Posted by - Latinos MediaSyndication -

on - August 11, 2023 -

Filed in - Business -

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The US Federal Reserve has announced the creation of the Novel Activities Supervision Program that will be “risk-focused” and in addition to current regulatory processes. The Fed said the Program will focus on “crypto-assets, distributed ledger technology (DLT), and complex, technology-driven partnerships with nonbanks to... Read More

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US Federal Reserve Creates “Novel Activities Supervision Program,” Targets Digital Assets and Tech Partnership with Financial Services Provided by “Nonbanks”

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