FDIC Asks Thousands of Banks to Disclose Crypto Plans
April 11, 2022
The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare existing crypto activities and any plans they have to engage in crypto activities in the future.
Banks to Disclose Crypto Plans to FDIC
The Federal Deposit Insurance Corporation (FDIC), an agency created by Congress to maintain stability and public…