White House Crypto Report Presses for Widespread Regulatory Changes

Also, FDIC watchdog wraps up Gruenberg probe; Skadden lawyer hired as OCC chief counsel

The White House crypto working group’s much-anticipated report on digital asset policy dropped today with a clear demand for Washington’s financial regulators: get to work.

That’s especially true for the SEC and CFTC, which were directed to “immediately enable the trading of digital assets at the federal level by providing clarity to market participants …