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Sebastian Souchet Commentary by Sebastian Souchet

The Federal Reserve, the OCC and the FDIC modified the enhanced supplementary leverage ratio standards applicable to U.S. global systemically important bank holding companies and their depository institution subsidiaries.

The Crypto Council for Innovation asked the CFTC for "guidance clarifying the treatment of many digital assets as commodities, the applicability or non-applicability of registration requirements, and regulatory expectations of certain intermediaries" to "reduce ambiguity that currently hampers investment and adoption."