๐ฐ News Alert...
๐ Title: FDIC Eases Restrictions on Banks Engaging in Digital Assets
๐๏ธ Published: 2025-03-28T09:00:00-04:00
๐ 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technology, while the Commodity Futures Trading Commission (CFTC) has also clarified its stance through its own rescinded documents.
๐
https://www.ledgerinsights.com/fdic-says-banks-no-longer-need-permission-for-crypto/
๐๏ธ Source: Ledger Insights
๐ #CryptoRegulation #DigitalAssets #FinTech