🚀 Atlanta's Federal Reserve Bank outlines stance on crypto integration in banking! 🏦
Key points:
- Focus on regulatory adherence & tech advancements
- Open to Central Bank Digital Currencies (CBDCs) development
- Consumer & small business demand drives banking evolution
- Novel Activities Supervision Program oversees tech-driven financial services
- Importance of communication with regulators emphasized
- Neutral stance on banks offering crypto services, as long as legal requirements met
🤔 What do you think about the Fed's approach to crypto integration? Share your thoughts below! 👇