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OCC Comptroller calls for federal collaboration with crypto intermediaries -Breaking

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Michael J. Hsu (Acting Comptroller for the Currency) highlighted the importance of coordination and collaboration with large cryptocurrency intermediaries in order to understand the potential risks associated with the $2 trillion growing market.

Speak at the Transatlantic Finance Forum on the topic of “The Future of Crypto-Assets and Regulation”, Hsu pointed out the various venues — crypto exchanges, nonfungible tokens (NFT) and metaverse — where anyone with an internet connection can invest, adding: