19 April 2019
Visit finastra.com/fusionone

Banking on bitcoin

08 December 2015  |  24931 views  |  0 Source: Federal Reserve Bank of Atlanta Bitcoin

The Federal Reserve Bank of Atlanta examines the current regulatory environment for bitcoin-related businesses as well as measures these businesses can adopt to mitigate the BSA/AML risks inherent in the bitcoin protocol. It also presents a framework for financial institutions to consider for managing the risks associated with banking these companies.

Speed and low cost can make bitcoin an attractive payment solution, but it carries some risk. What can the businesses that are emerging to support bitcoin do to ensure that they can establish banking relationships? This working papers offers some analysis.» Download the document now 367.5 kb (PDF File)

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)

Solution source

Search by company or single key word