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via Cointelegraph · By Cointelegraph Staff
US Senators Urge Regulators to Clarify Crypto Capital Rules
CS
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…
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