The bipartisan Responsible Financial Innovation Act will create a regulatory framework for digital assets.
Acting Comptroller Hsu spoke about the recent volatility with stablecoins.
The bank said a regulated, transparent and fully backed stablecoin has great potential.
The digital asset manager invested in crashed stablecoin Luna from its own balance sheet.
Specialist staff from Nomura will be integrated into the new company in addition to external hires.
Cboe reported record quarterly results following a record year in 2021.
The contracts will be one-tenth of their respective underlying tokens in size.
This integration will form part of BNY Mellon’s development of cryptocurrency services.
Sequoia Crypto Fund will participate more actively in protocols and better support token-only projects