Quite an achievement for a population of less than 1.3 million, isn’t it? And that, too, when the world economy is going through its worst crisis in a generation! Little wonder, then, that the hard-pressed Minister of Finance couldn’t resist dipping deeper into that kitty.
The Board is working with our colleagues at the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to ensure that crypto-asset-related activities banks may become involved in are well regulated and supervised, to protect both customers and the financial system.