Bank regulators phone lenders after Binance hack as new guidelines take effect
Fed and OCC supervisors began phoning U.S. banks on November 2 to check for service disruptions after the $6.3 billion Binance hack, as a new OCC and FDIC rule narrowing examiner cybersecurity enforcement took effect. One bank reported no interruptions. The outreach signals heightened regulatory focus on crypto-linked security risks for traders.
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