๐Ÿ“ฐ News Alert...

๐Ÿ”– Title: FDIC Eases Restrictions on Banks Engaging in Digital Assets

๐Ÿ—“๏ธ Published: 2025-03-28T09:00:00-04:00

๐Ÿ“„ 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technology, while the Commodity Futures Trading Commission (CFTC) has also clarified its stance through its own rescinded documents.

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https://www.ledgerinsights.com/fdic-says-banks-no-longer-need-permission-for-crypto/

๐Ÿ—ž๏ธ Source: Ledger Insights

๐Ÿ’“ #CryptoRegulation #DigitalAssets #FinTech

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Discussion

Bitcoin doesn't need the banks, however the banks sure do need (and want) Bitcoin. ๐Ÿงกโœจ