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Tag: cryptocurrency custody services

Banking Blockchain & Cryptocurrency
Mik Smitt

FDIC permits banks to engage in crypto without prior approval

FDIC Permits Banks to Engage in Crypto Without Prior Approval In a monumental shift for the banking industry, the Federal Deposit Insurance Corporation (FDIC) has recently announced that banks are now permitted to engage in cryptocurrency activities without prior approval. This decision marks a significant departure from the FDIC’s previous stance, as documents released following […]

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