Fed banking regulator to Congress after FTX's implosion: The crypto industry needs 'strong guardrails'

Michael Barr, the Fed's vice chair for supervision, said “some financial innovations offer opportunities, but as we have recently seen, many innovations also carry risks."

Fed banking regulator to Congress after FTX's implosion: The crypto industry needs 'strong guardrails'
Michael Barr, the Fed's vice chair for supervision, said “some financial innovations offer opportunities, but as we have recently seen, many innovations also carry risks." Read More