Banks that pursued crypto “were almost universally met with resistance” from the FDIC, the agency’s acting chair, Travis Hill, said Wednesday.
FDIC documents reveal regulatory pressure on banks, urging them to restrict crypto-related activities and US dollar deposits.
A 790-page trove of documents released by the FDIC showed how banks were stifled from engaging with crypto companies in some ...
The Federal Deposit Insurance Corporation (FDIC), the regulatory body overseeing banks in the United States, has released 790 ...
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