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The Federal Deposit Insurance Corporation has released documents revealing that it warned the banking industry to stop crypto operators in 2022 and 2023
According to the disclosure documents, the Federal Deposit Insurance Corporation (FDIC), one of the US banking regulators, once warned the banking industry in 2022 and 2023 that it should stop providing banking services to cryptocurrency operators. The relevant documents were filed with the judge on behalf of the lawyer of the cryptocurrency trading platform Coinbase, which is litigating with the FDIC. After the judge approved the application, the FDIC disclosed last month that it issued a warni...
2025-01-04 02:00:27
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