The US FDIC is formulating guidelines for "deposit tokenization insurance", emphasizing that the legal nature of on-chain and traditional deposits is consistent
2025-11-13 22:53:01
Travis Hill, acting chairperson of the Federal Deposit Insurance Corporation (FDIC), said the agency is working on "deposit tokenization insurance" guidelines to provide regulatory direction for Financial Institution Groups that plan to expand into digital assets. Hill stressed that the legal nature of deposits should remain unchanged whether they are in the traditional financial system or migrated to blockchain or distributed ledgers.
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