FDIC to prioritize crypto risk assessment amid rising interest among banks

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Banks in the US are not immune to the current state of the economy. And as they continue to see losses, the FDIC wants to monitor crypto and how banks interact with it.

the moderate decline in net income of banks in Q1 and Q2 2022 owing to an increase in loan balances and provision expense while stating that no banks failed in the past two years.

Unrealized losses are an accounting item that results from rising interest rates causing securities to decline in value . These losses are only realized if the securities are sold prior to the end of their term.

 

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FDIC to prioritize crypto risk assessment as banks perform poorly in Q2Banks in the United States are not immune to the current state of the economy. And as they continue to see losses, the FDIC wants to monitor crypto and how banks interact with it. poorque noo oone talkking aboout this Silver gate? 🧊🚢 Banks in the United States are not immune to the current state of the economy and are feeling the effects of the recession. While the recession has not been as severe in the United States as it has been in other parts of the world, banks are still struggling. Many banks have been
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