{"id":154263,"date":"2025-03-29T10:00:29","date_gmt":"2025-03-29T08:00:29","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=154263"},"modified":"2025-03-29T03:02:19","modified_gmt":"2025-03-29T01:02:19","slug":"fdic-shifts-crypto-policy-under-trump-administration-easing-bank-restrictions","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/fdic-shifts-crypto-policy-under-trump-administration-easing-bank-restrictions\/","title":{"rendered":"FDIC Shifts Crypto Policy Under Trump Administration, Easing Bank Restrictions"},"content":{"rendered":"

In a statement issued on Friday, the agency revealed it would revoke previous guidance that required financial institutions to notify the FDIC before engaging in cryptocurrency-related activities. This move marks a departure from the past, as the FDIC plans to issue new guidelines clarifying that its regulated entities can participate in certain crypto activities without needing prior approval.<\/p>\n

FDIC Acting Chair Travis Hill expressed that this change signals the end of the agency’s previous, flawed approach to digital assets. He noted that this would be one of several steps the FDIC intends to take to establish clearer, more flexible guidelines for banks engaging with crypto and blockchain technologies while ensuring safety and soundness standards are maintained.<\/p>\n

In the past, the FDIC had expressed concerns about the potential risks that cryptocurrency activities posed to the U.S. banking system, leading them to require financial institutions to inform the agency of any crypto-related ventures.<\/p>\n