Bitcoin has started the day in a positive mood. At press time, the largest cryptocurrency by market cap is trading at $57,687.73 (+1.34%), according to CoinMarketCap.
Chart of the USD/BTC trading pair from EXANTE
For its part, Ether has fallen to $4,296.26 (-0.13%), while Binance Coin is up by 4.49% and is now trading at $613.83.
Banking regulators (Fed, FDIC and OCC) within the US Treasury have identified a number of areas related to digital asset regulation that require further clarification.
The "interagency sprint," which began in May, will continue in 2022. As a result, the areas of responsibility of each regulator will be determined and a mechanism for cooperation will be built. Consultations with the Basel Committee on Banking Supervision are expected to take place.
The agencies have already agreed on a set of terms, identified the main risks and analyzed how existing rules and guidelines could be used.
The group plans to issue clarifications on the issue of legally permissible activities for banks related to cryptocurrencies.
According to CoinMarketCap’s ranking, 5 currencies on the top 10 are in green.
As for the market cap of all currencies listed in CoinMarketCap, it stays at $2,601,504,314,024.
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