Fitch Ratings warns that U.S. banks’ growing involvement in digital assets carries significant risks and may lead to reassessment of ratings for those with concentrated digital asset exposure. Regulatory Acceptance Drives Mainstream Adoption The U.S. banking sector has recently waded deeper into the digital asset ecosystem, attracted by the promise of lucrative fee income and […]
Source: https://news.bitcoin.com/fitch-warns-us-banks-crypto-exposure-threatens-credit-ratings/