Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023 – Bitcoin News
August 16, 2023
The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry.
FDIC: Cryptos and Climate Top Risk List for Banks in 2023
Cryptocurrencies present “novel and complex risks” that are difficult to assess amid recent volatility, according to the report. Growth in crypto assets corresponded with more…
