reputational risk
2 stories
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cryptoFed Vice Chair Bowman Overhauls Bank Supervision, Ends Dedicated Crypto Oversight and Reputational Risk
Federal Reserve Vice Chair for Supervision Michelle Bowman is cutting the supervision workforce by 30% and terminating the dedicated crypto bank supervision program, eliminating reputational risk factors that had hindered digital asset banking.
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financeFed Eliminates 'Reputational Risk' From Bank Supervision Rules
The Federal Reserve is permanently removing 'reputational risk' from bank supervision, a move welcomed by crypto advocates seeking clear banking access.