~ Michael J. Hsu, Acting Comptroller of the Currency, "Crypto: A Call to Reset and Recalibrate," remarks at the DC Blockchain Summit 2022, December 7, 2022
Dec 19, 2022
Michael Hsu on the resilience of the banking system during the crypto crash
The resilience of the traditional banking system to the recent events in crypto is not an accident. Rather, it is due, at least in part, to federal bank regulators’ continued and intentional emphasis on safety and soundness and consumer protection.
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