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Uncertainty over digital assets traps institutions in ‘supervisory void’ — Fed Governor

“While there have been some efforts to provide guidance, there remains substantial uncertainty about the permissibility of and supervisory expectations for these activities […]. This leaves banks in the perilous position of relying on general but non-binding statements by policymakers only to be criticized at some point in the future,” said Bowman, whose term at the Fed ends in 2034.

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Source: Cryptocurrency - investing.com

Bitcoin is up 12% this month — even though barely anybody is trading it

ECB official labels crypto as ‘deleterious’ with ‘no societal benefits’ in scathing speech