The Federal Reserve prepares the Novel Activities Supervision Program to head off dumb greedy assholes crashing their banks with crypto and risking the entire banking system

https://www.federalreserve.gov/supervisionreg/srletters/SR2307.htm

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Great to see you here David! It's a little quiet here, for sure. The FED's wording here is a little vague as to what it will actually do (par for the course) but I wonder if proper stablecoin audits are finally on the menu.