FDIC Prioritizes Cryptocurrency Risks

Martin Gruenberg, Chairman of the US Federal Deposit Insurance Corporation (FDIC), said that they consider the risks in cryptocurrencies as a priority issue.

In the United States, Martin Gruenberg, Deputy Chairman of the FDIC, an independent government agency operating under the federal government, said, “Cryptocurrencies or digital assets are entering the existing financial system very rapidly. security of integration and robustness You can risk it.” said.

Gruenberg advises local banks to consider the risks posed by such digital assets and are very good at handling these products in a safe manner. their work and that they should provide guidance on risk management arising from crypto money activities.

since 2018 following the resignation of Jelena McWilliams, who held this post. 5 February Gruenberg, who was FDIC vice president on From mid-2018 until he becomes president He served as a board member of the FDIC. Before McWillams left his post, it was said that there were differences of opinion with the FDIC board.

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