FDIC says banks can engage in crypto activities without prior approval
Piaţa de capital
WASHINGTON :Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities. The Federal Deposit Insurance Corporation announced Friday that banks can engage in legally permitted activities, including those that involve cryptocurrency, without receiving prior regulatory approval and so long as they manage their risks appropriately. The move reverses previous FDIC policy, which required banks to clear any crypto
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