"The Block-Volcker Protocol"

The Block-Volcker Protocol is a set of rules designed to limit the involvement of large banks with cryptocurrencies. Named after former Federal Reserve Chair Paul Volcker, it restricts certain crypto-related activities by big financial institutions that could pose risks to the financial system. The protocol aims to reduce potential conflicts of interest and systemic risks by encouraging banks to classify cryptocurrencies and related investments as high-risk, thus discouraging their extensive engagement. Essentially, it sets boundaries for how conventional banks can participate in or hold crypto assets, promoting stability and clear regulatory boundaries in the evolving digital finance landscape.