An Important Message For Oilprice Members

Sign in to follow this  
Followers 0
SP

New US Banking Rules Might Push People to Cryptocurrencies

Sofia in Markets & Trading

Recommended Posts

Sofia    + 35

SP


On May 30, the Federal Reserve will meet to discuss the modification of the Volcker rule, which stops banks from trading in volatile markets for profit using funds that are protected by deposit insurance. Weiss Ratings is raising the alarm on this particular meeting, saying that “US banking regulators are getting ready to water down the Volcker rule,” and that this might provoke more Americans to invest in cryptocurrencies as savings instruments.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
Sign in to follow this  
Followers 0
Go to topic listing