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Crypto companies can keep paying rewards, say federal bank regulators

Federal bank regulators have announced that cryptocurrency companies can continue offering interest-like rewards to customers. This decision comes despite concerns from banks about potential deposit drains.

Sources (2)+6 copies· Oct 21, 10:36 PM

crypto regulation update Economy Technology

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St. Paul Pioneer Press· Oct 21, 10:36 PMCrypto companies can keep paying rewards, say federal bank regulators
Boulder Daily Camera· Oct 21, 10:36 PMCrypto companies can keep paying rewards, say federal bank regulatorsAlso ran in Baltimore Sun, Hartford Courant, Norfolk Virginian-Pilot, Reading Eagle, Santa Ana Orange County Register, The Mercury News

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As crypto and prediction markets expand, their regulator shrinksEven as the agency is tasked with drawing up new rules for crypto and prediction markets, its staffing and enforcement actions have dropped precipitously during the second Trump administration.

NPR15d agoWhole story →

Technology crypto regulation update

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