FDIC shifts stance on digital assets and will allow financial institutions to engage in crypto activities without getting prior sign-off

2025-03-28 18:11

The FDIC clarified that its supervised institutions can “engage in permissible crypto-related activities” without getting the agency’s go-ahead beforehand.Bo Hines, executive director of the President’s Council of Advisers for Digital Assets, said the FDIC’s move was “another big win.”