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According to the Washington Post, notoriously risky cryptocurrency firms may be integrated into the traditional banking system under a little-noticed provision in a new bill that raises alarms among financial experts.


  1. When was the bill introduced and what will it allow?
  2. What has happened to the digital asset market since early May?
  3. What are the long-term issues surrounding bank reserves invested in cryptocurrencies?


Newmyer, T. (2022) Bill to grant crypto firms access to Federal Reserve alarms experts. The Washington Post, July 3 (Retrievable online at

Prior to May’s Crypto crash