The Federal Deposit Insurance Corporation of the United States plans to remove "reputation risk" from regulatory standards, which may benefit the cryptocurrency industry

According to Crypto in America journalist Eleanor Terrett, following the US Office of the Superintendent of the Currency, the Federal Deposit Insurance Corporation (FDIC) plans to remove "reputation risk" from regulatory standards, which could benefit the cryptocurrency industry as the regulatory standard has been used to justify the closure of legitimate businesses, including cryptocurrency companies.