US FDIC releases documents related to supervision of crypto-related activities
ReutersFeb 5, 2025 1:43 PM
Feb 5 (Reuters) - The U.S. Federal Deposit Insurance Corporation (FDIC) on Wednesday released 175 documents detailing its supervision of banks involved in or seeking to engage in crypto-related activities.
"I have been critical in the past of the FDIC's approach to crypto assets and blockchain," acting Chairman Travis Hill said, adding that he has directed staff to conduct a comprehensive review of all supervisory communications with banks seeking to offer crypto-related products or services.
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