FDIC to Revise Guidelines, Allow Banks to Engage in Crypto Activities
A change that could have massive ramifications on the cryptocurrency market could be set to take place. Indeed, the US Federal Deposit Insurance Corporation (FDIC) is reportedly planning to revise its guidelines, allowing banks to engage in crypto activities. The development is a part of the ongoing shift taking place in the United States. With the arrival of the pro-crypto Trump administration, the government has sought to completely overhaul its policies toward the asset class. Now, the FDIC could be set to change how banks interact in the sector. JUST IN: FDIC plans to revise crypto guidelines and allow banks to engage in crypto activities. — Watcher.Guru (@WatcherGuru) February 5, 2025 Also Read: SEC Transfers Top Crypto Litigator to IT Department FDIC to Revise Its Crypto Guidelines for Banks in Massive Shift The last several months have been monumental for the cryptocurrency sector in the United States. With the return of Donald Trump to the Oval Office, the government has shifte...