Latest Crypto News: The FDIC has told banks to refrain from providing crypto services in over 20 cases, Coinbase finds

Link: https://cryptoslate.com/the-fdic-has-told-banks-to-refrain-from-providing-crypto-services-in-over-20-cases-coinbase-finds/

Summary:

Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance Corporation (FDIC) asked banks to “pause” or “refrain from providing” or “not proceed” with crypto-related banking services. In an X post, Grewal wrote: “In short, the contents are a shameful example of a government […]

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