FDIC says banks can engage in crypto activities without prior approval
The Federal Deposit Insurance Corporation (FDIC) issued new guidance on March 28 clarifying that FDIC-supervised banks may engage in crypto-related...
FDIC
FDIC moves to eradicate ‘reputational risk’ category from bank exams
The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the...
FDIC Changes Major Rule to Prevent Crypto Debanking
The FDIC removed its reputational risk criteria in evaluating bank supervision, a key tool that drove crypto debanking efforts. Crypto...
FDIC resists transparency on Operation Chokepoint 2.0 — Coinbase CLO
Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden...
FDIC crypto stance shifts as U.S. Senators probe de-banking
FDIC issued several pause letters to banks engaging with crypto firms during the Biden Administration. Current acting FDIC chair Travis...
Trump’s FDIC Chief Rethinks Crypto Guidance as U.S. Senators Probe Debanking
As U.S. senators prepared to gather for a hearing about U.S. debanking of crypto clients, the interim chief of the...
FDIC to update crypto banking guidelines, releases documents on pause letters
The Federal Deposit Insurance Corporation (FDIC) is preparing to revise its guidelines for banks engaging in crypto-related activities, Barrons reported...
Will America’s crypto frenzy end in disaster?
“Get your $TRUMP now," came the message from America’s president-elect three days before his inauguration. The commander-in-chief’s meme cryptocurrency, the...
FDIC accused of omitting more crypto ‘pause letters’ in Coinbase-backed suit
Coinbase chief legal officer Paul Grewal accused the FDIC of playing “word games” after the agency said it only searched...
Coinbase Vows Legal Action as FDIC Faces Scrutiny Over Crypto
Coinbase has accused the Federal Deposit Insurance Corporation (FDIC) of blocking access to crucial documents tied to its Freedom of...