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The Board has started the process of reviewing and removing references to reputation and reputational risk from its supervisory materials, including examination manuals, and, where appropriate, replacing those references with more specific discussions of financial risk. The Board will train examiners to help ensure this change is implemented consistently across Board-supervised banks and will work with the other federal bank regulatory agencies to promote consistent practices, as necessary.
What will banks do now? Invest in shitcoins? Offer some shitcoins related services?
or perhaps........
*A few of them (úmmmmm!) start offering Bitcoin only products!!