The Federal Reserve is taking a major step back from monitoring banks’ crypto activities. In a new press release, the regulator says …
Activities
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The Federal Deposit Insurance Corporation has issued new guidance allowing FDIC-supervised institutions to engage in permissible crypto-related activities without prior agency approval. …
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Regulation
FDIC Axes Previous Rule, Gives Green Light to Banks To Conduct ‘Crypto-Related Activities’ Without Prior Approval
by shayaanby shayaanThe U.S. Federal Deposit Insurance Corporation (FDIC) has just given its member banks the green light to conduct “crypto-related activities” without prior …
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Smart Contracts
FDIC Clears Path for Bank Crypto Activities Without Prior Approval
by shayaanby shayaanBanks can deal with cryptocurrency and other legally permitted activities without requesting previous approval of the regulations, as long as they manage …
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Regulation
FDIC says banks can engage in crypto activities without prior approval
by shayaanby shayaanThe Federal Deposit Insurance Corporation (FDIC) issued new guidance on March 28 clarifying that FDIC-supervised banks may engage in crypto-related activities without …
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Regulation
Top US Regulator Gives Banks Greenlight To Engage in Crypto and Stablecoin Activities
by shayaanby shayaanThe Office of the Comptroller of the Currency (OCC) is easing its stance on how US banks deal with crypto and stablecoin …
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Markets
OCC Says Banks Can Engage in Crypto Custody and Certain Stablecoin Activities
by shayaanby shayaanFederally regulated banks can engage in a range of cryptocurrency activities without prior approval, The Office of the Comptroller of the Currency …
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According to the report, the Federal Deposit Insurance Corporation (FDIC) is preparing to revise its guidelines to enable banks to operate crypto-related …
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Regulation
Chilean Authorities Probe World’s Domiciliary Eye Scanning Activities Pilot
by shayaanby shayaanChilean authorities from the consumer protection watchdog SERNAC are investigating the company that will provide domiciliary iris scanning services to World, formerly …