.MorganStanley says the key focus for the cryptocurrency market will now be on the actions of crypto bank Signature, the largest exchange, Binance, and any further regulatory actions related to specific companies or products. By willcanny99.
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Morgan Stanley noted coordinated action by regulators to highlight the risks in American banks offering crypto services. The Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency recently“Flows into the crypto sector will slow without the ability to provide on ramps between the fiat and crypto,” analysts Sheena Shah and Kinji C. Steimetz wrote.
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