FDIC: Banks Can Engage in Crypto-Related Activities Without Prior Notice
By EsqSocial Corporation 03/04/25
On March 28, 2025, the Federal Deposit Insurance Corporation (FDIC) clarified that FDIC-supervised institutions do not need to provide notice or obtain approval from the FDIC prior to engaging in crypto-related activities. This guidance rescinds prior guidance issued in 2022, which required FDIC-supervised institutions to notify the FDIC before engaging in any crypto-related activities....
By: Cooley LLP