The Crypto Industry Welcomes The Historic Decision Of The FDIC In The USA
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The decision of American regulators to abandon “de-banking” practices marks a decisive turning point for the cryptocurrency industry. David Sacks, crypto lead at the White House, calls this change a “great victory” for the digital asset sector.
The FDIC Eliminates the “Reputational Risk” from its Regulatory Arsenal
On March 25, David Sacks announced a decisive regulatory advancement on his X account (formerly Twitter).
The Federal Deposit Insurance Corporation (FDIC) has officially decided to abandon the use of the “reputational risk” criterion in…
