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October 27, 2021

U.S. regulators exploring how banks could hold crypto assets

Yesterday, the FDIC Chairman stated that regulators are looking at how US banks could hold bitcoin. The chairman stated, "If we don't bring this activity inside the banks, it is going to develop outside of the banks. ... The federal regulators won't be able to regulate it."

This just another example of how powerful Bitcoin is, and how the US banking system is thinking about the crypto space.

Thank you for reading!

Don't forget to come into the app tomorrow to continue learning about crypto! 

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