US Senators Urge Regulators to Clarify Crypto Capital Rules

Cointelegraph Staff

(04:26 AM UTC)

1 min read

A group of Senate Republicans has urged US financial regulators to clarify the capital standards for companies engaged in crypto activities.

Senator Cynthia Lummis said on Thursday that she led the group in sending a letter on May 27 to Federal Reserve Vice Chair for Supervision Miki Bowman, Federal Deposit Insurance Corp. Chairman Travis Hill, and Comptroller of the Currency Jonathan Gould.

The…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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