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FDIC Rescinds Guidance Around Banks and Crypto
Saturday March 29, 2025. 01:30 AM , from Slashdot
![]() The OCC was the first of those regulators to revise their guidance, telling banks it supervises earlier this month that they no longer need permission to engage in certain common cryptocurrency-related activities. The Fed as of Friday had not issued any update, though chair Jerome Powell told lawmakers during a congressional hearing last month that the central bank would take a fresh look at the guidance. The new policy clarifies that 'FDIC-supervised institutions may engage in permissible activities, including... digital assets, provided that they adequately manage the associated risks.' Read more of this story at Slashdot.
https://slashdot.org/story/25/03/28/2252217/fdic-rescinds-guidance-around-banks-and-crypto?utm_sourc...
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