By Finance Pulse in Transformative —

FDIC's Stance: Banks to Pause Direct Crypto Activities

The FDIC advised banks in 2022 and 2023 to pause direct crypto activities but allows servicing crypto companies, balancing regulation with innovation.

Aesthetic illustration showing a bank building with digital cryptocurrency symbols around it, repres
FDIC's Stance: Banks to Pause Direct Crypto Activities

The FDIC advised banks to pause direct crypto activities in 2022 and 2023, but didn't instruct them to stop servicing crypto companies.

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