Thursday, July 17, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Regulations

FDIC Axes Previous Rule, Gives Green Light to Banks To Conduct ‘Crypto-Related Activities’ Without Prior Approval

n70products by n70products
April 3, 2025
in Regulations
0
FDIC Axes Previous Rule, Gives Green Light to Banks To Conduct ‘Crypto-Related Activities’ Without Prior Approval
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


The U.S. Federal Deposit Insurance coverage Company (FDIC) has simply given its member banks the inexperienced gentle to conduct “crypto-related actions” with out prior approval.

The federal banking regulator rescinded a earlier rule requiring supervised banks to ship notifications in the event that they wished to become involved in digital belongings.

Now, the FDIC says its member establishments can conduct crypto actions so long as they “adequately handle the related dangers.”

FDIC Appearing Chairman Travis Hill says the change represents the regulator “turning the web page on the flawed method of the previous three years.”

“I count on this to be one in every of a number of steps the FDIC will take to put out a brand new method for the way banks can interact in crypto- and blockchain-related actions in accordance with security and soundness requirements.”  

Quite a few crypto stakeholders lately accused the FDIC of facilitating “Operation Choke Level 2.0,” an alleged try by Biden Administration authorities regulators to stifle the digital asset trade.

Coinbase, for instance, has been utilizing the Freedom of Data Act (FOIA) to uncover cases of the FDIC asking banks to freeze crypto providers, generally known as “pause letters.”

Final month, the FDIC released redacted paperwork associated to its supervision of crypto-related actions, which embody pause letters despatched to 24 banks.

Observe us on X, Facebook and Telegram

Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

Examine Price Action

Surf The Daily Hodl Mix

&nbsp

Get Alerts

Disclaimer: Opinions expressed at The Every day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any losses you could incur are your duty. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in internet affiliate marketing.

Generated Picture: Midjourney



Source link

Tags: activitiesapprovalAxesBanksConductCryptoRelatedFDICGreenLightPreviouspriorRule
Previous Post

Cardano (ADA) Downtrend Deepens—Is a Rebound Possible?

Next Post

Crypto Analyst Warns Bitcoin Price Could See Further Crash If It Falls Below This Level

Next Post
Crypto Analyst Warns Bitcoin Price Could See Further Crash If It Falls Below This Level

Crypto Analyst Warns Bitcoin Price Could See Further Crash If It Falls Below This Level

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Ethereum’s LTH anxiety emerges amid $3,200 battle – Here’s why

Ethereum’s LTH anxiety emerges amid $3,200 battle – Here’s why

January 31, 2025
Donald Trump Tees Up Rollout of New Plan He Says Will Ensure the US Becomes the ‘Crypto Capital of the Planet’

Donald Trump Tees Up Rollout of New Plan He Says Will Ensure the US Becomes the ‘Crypto Capital of the Planet’

August 31, 2024
Ethereum whales dump 440K ETH, but THESE signs hint at a recovery

Ethereum whales dump 440K ETH, but THESE signs hint at a recovery

February 27, 2025
Japan’s Metaplanet increases Bitcoin holdings with $6.9M purchase

Japan’s Metaplanet increases Bitcoin holdings with $6.9M purchase

October 1, 2024
The battle of the personas in the world of enterprise applications—how IBM Hybrid Cloud Mesh and Red Hat Services Interconnect unify them

The battle of the personas in the world of enterprise applications—how IBM Hybrid Cloud Mesh and Red Hat Services Interconnect unify them

January 14, 2024
Bitcoin: Examining if BTC will struggle to stay above $100K

Bitcoin: Examining if BTC will struggle to stay above $100K

July 5, 2025

Recent Posts

  • UK Jails Officer For Stealing 50 Bitcoin In Silk Road Probe
  • This 9-inch tablet singlehandedly changed my mind about gaming on Android
  • Dogecoin (DOGE) Struggles to Wake Up While Floki Rockets Higher

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

UK Jails Officer For Stealing 50 Bitcoin In Silk Road Probe

UK Jails Officer For Stealing 50 Bitcoin In Silk Road Probe

July 17, 2025
This 9-inch tablet singlehandedly changed my mind about gaming on Android

This 9-inch tablet singlehandedly changed my mind about gaming on Android

July 17, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
💵 Turn Every Dollar Into Crypto Rewards! Wirex lets you spend dollars or bitcoin — and get up to 8% back in crypto instantly. 💸 Exclusive offers dropping soon — stay tuned!
“Offers Launching Soon”
This is default text for notification bar
Learn more
Go to mobile version