“Banking regulators have long been skeptical of allowing non-traditional activities into the banking system because doing so introduces risk and that risk, ultimately, is borne by the public when things go south,” Chris Odinet, a professor of commercial law at the University of Iowa College of Law, told CoinDesk.
Related posts
-
Morocco to Adopt a Legal Framework for Crypto Assets
Morocco aims to regulate the use of crypto assets... -
Michael Saylor Raves About the U.S.’s $10 Trillion World Reserve Digital Dollar Opportunity
Michael Saylor, co-founder and executive chairman of Microstrategy, has... -
Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand
The Federal High Court in Lagos has granted an...