FDIC Rescinds Prior Notification Requirement for Banks' Permissible Crypto Activities
By EsqSocial Corporation 03/04/25
The FDIC has rescinded an earlier Financial Institution Letter establishing a prior notification requirement for FDIC-supervised institutions that wish to engage in specified crypto-related activities and has clarified that such institutions may engage in permissible crypto-related activities without receiving prior FDIC approval....
By: Jones Day