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Browsing: FDIC
The Trump Administration’s early actions suggest a shift toward pro-crypto policies, potentially easing regulations and fostering innovation in the digital asset space. This article provides a summary of key developments.
Newly released documents illuminate the Federal Deposit Insurance Corporation’s approach to banks’ cryptocurrency involvement in 2022-2023, highlighting supervisory caution but not a blanket ban on banking services for crypto companies.
Documents released by the Federal Deposit Insurance Corporation (FDIC) shed light on the agency’s approach to banks’ involvement in the crypto sector, revealing no blanket ‘debanking’ orders despite industry concerns.