📰 News Alert...

🔖 Title: FDIC Eases Restrictions on Banks Engaging in Digital Assets

🗓️ Published: 2025-03-28T09:00:00-04:00

📄 Summary: In a significant regulatory shift, the Federal Deposit Insurance Corporation (FDIC) has announced that banks will no longer need to seek permission to participate in digital asset activities. This decision effectively rescinds a 2022 notification that had previously restricted banks' involvement in cryptocurrency and blockchain-based payment systems. The move marks a pivotal moment in the evolving landscape of financial technology, while the Commodity Futures Trading Commission (CFTC) has also clarified its stance through its own rescinded documents.

🔗