Joint Statement on Liquidity Risks to Banking Organizations Resulting from Crypto-Asset Market Vulnerabilities

Details

• Publisher's site:
  https://www.fdic.gov/
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  Summary: The Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency (collectively, the agencies) are issuing this statement on the liquidity risks to banking organizations presented by certain sources of funding from crypto-asset related entities.
  
  Statement of Applicability: The contents of, and material referenced in, this FIL apply to all FDIC-supervised financial institutions.
  
  
• Content Notes:
  References Federal Register https://www.govinfo.gov/content/pkg/FR-2010-03-22/pdf/2010-6137.pdf, inactive FIL-16-2022, inactive FIL-1-2023
• Subject:
  Supervisory Guidance
• Dataset Download URL:
  https://www.fdic.gov/news/inactive-financial-institution-letters/2023/fil23008.html
• Format:
  PDF
• Release Date:
  02/23/2023
• Update Date:
  02/23/2023
• Withdrawn Date:
  04/24/2025
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; Office of the Comptroller of the Currency (OCC) ; Board of Governors of the Federal Reserve System (The Fed)
• Related Regulation:
  12 CFR Part 364
• Source:
  FDIC Website
• FIL Number:
  FIL-8-2023
• Main Document Checksum:
  urn:sha-512:ad1b740ecdc9f6d32ec56fac5cea71d1e9d5c3d0a1a4110eb8ee1d8fe3b59b28cb553973e70848e2a3a66474e3f9a0468371fe9d71e5410e69b0155dc0866200
• Download URL:
  https://archive.fdic.gov/view/fdic/15505/fdic_15505_DS1.pdf
• File Type:
  [PDF - 710.96 KB ]