Fed's vice chair for supervision Michael Barr defended its regulatory approach on banks' crypto activities, the last day before he's scheduled to step down from the role. One interesting detail he disclosed is the Fed currently supervises 22 firms under its novel activities program, giving some sense on the extent of banks that are interested in crypto/fintech https://www.theinformation.com/briefings/feds-top-banking-regulator-defends-crypto-fintech-supervision