Tag : FDIC

Business

SEC FDIC clarify crypto custody roles for financial firms

qatarinformer.com
The United States Federal Reserve Board has announced the withdrawal of previous guidance that restricted banks from participating in cryptocurrency-related activities without prior approval. The...
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Powell signals willingness to review crypto debanking in Senate hearing

qatarinformer.com
Federal Reserve Chair Jerome Powell stated on Tuesday that regulatory policies surrounding banking access should be reassessed, following concerns that the crypto industry is being...
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Banks to enter crypto sector as FDIC relaxes regulatory stance

qatarinformer.com
In a significant policy shift, the Trump administration is preparing to authorize banks to offer cryptocurrency services, reversing previous regulatory stances. Key agencies, including the...