Crypto horse bolted well before US regulators’ warning shot, analysts say

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By Charlie Conchie Crypto analysts warned that US regulators may be trying to “shut the stable door after the horse has bolted” today after the US central bank and financial watchdogs sounded the alarm over the risks that cryptocurrencies could pose to mainstream lenders. The Federal Reserve, alongside the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, last night issued a warning to US banks over the spread of crypto turbulence into the traditional financial system. The three bodies said it was integral that risks related to the crypto-asset sector “do…

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