FDIC Revises Guidance to Allow US Banks Engage in Crypto Activities

The FDIC is revising its guidance to allow banks to engage in crypto-related activities without prior approval, including crypto custody and tokenized deposits. This move, reflecting a broader crypto-friendly policy shift, has led to a positive market response and could increase institutional involvement in cryptocurrencies while still requiring adherence to safety and regulatory standards. US [...]The post FDIC Revises Guidance to Allow US Banks Engage in Crypto Activities appeared first on Tekedia.

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