A Decision Could Change Everything In The United States
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The Federal Deposit Insurance Corporation (FDIC) is at a decisive crossroads, facing challenges related to the “unbanking” of crypto firms and calls for regulatory reform. Unbanking refers to the practice by which banks deny or restrict access to financial services for certain sectors, notably the cryptocurrency sector. What position will the FDIC take towards crypto firms in the United States?
FDIC: Towards the Banking of Crypto Firms in the United States?
In 2022 and 2023, the American banking regulator advised banks to suspend their activities directly related to…