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US regulators will issue guidance for banks dealing with cryptocurrencies in 2022

9 days ago   |   By

Thomas Trutschel/Photothek via Getty Images
US regulators said they plan to issue guidance next year on the role of traditional banks when it comes to dealing with cryptos.
The agencies include the Board of Governors of the Federal Reserve, the FDIC, and the OCC.
They analyzed digital asset activities banks may be interested in such as custody and sales of crypto assets.
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US regulators said they plan to issue guidance next year on the role of traditional banks in cryptocurrencies to promote consumer protection and...
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The US housing market will finally be back to normal in 2023 - but prices will be stuck permanently higher

9 days ago   |   By

Reuters/Rick Wilking
The US home-price surge is cooling off, but not as fast as buyers would like, Fannie Mae said in a report.
The firm expects year-over-year home inflation to only hit its pre-COVID average in early 2023, and for prices to keep soaring at a historic pace throughout next year.
Price growth will plunge below its average in 2023, but the floor for home prices will be set permanently higher, Fannie Mae economists said.
If surging home prices put you off from buying a house in 2021, you'll have to wait another year for the market to cool down. The third quarter of 2021 likely...
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