The FDIC and CFTC have revoked previous crypto-related guidelines, aligning crypto regulations with other industries.
The FDIC is discontinuing the use of 'reputational risk' in bank examinations, impacting banks' ability to engage with digital assets. This change aims to address challenges faced by the crypto industry during Operation Chokepoint 2.0.
U.S. regulatory stance on crypto evolves as FDIC plans to overhaul its crypto strategy amid Senate's scrutiny of banks' crypto involvement.
The FDIC is revising guidelines to allow U.S. banks to manage crypto assets and offer tokenized deposits without prior regulatory approval, signaling a policy shift under the Trump administration.
FDIC Acting Chairman Travis Hill announced a reevaluation of crypto policies amid Senate scrutiny over banking exclusion from crypto.
The FDIC has released 175 documents on its crypto debanking measures, sparking inquiries into Operation Choke Point 2.0. Acting Chair Travis Hill criticizes past anti-crypto initiatives, signaling a shift in federal crypto enforcement.
Fed Chair Powell confirms banks can serve crypto clients, boosting Bitcoin by 3.3% to $105,774. Emphasizes regulatory improvements while maintaining interest rates at 4.25-4.50%.
Travis Hill, Deputy Chairman of the FDIC, urges for a clear regulatory framework on digital assets as the Trump administration prepares to take charge.
Travis Hill urges the FDIC for clearer guidelines on digital assets, criticizing current restrictions on banks' cryptocurrency ties.
FDIC Vice Chairman Travis Hill condemns 'Choke Point-like' tactics, calls for new digital assets approach.
Travis Hill, FDIC Vice Chairman, suggests easing the path for crypto regulation.
Travis Hill from FDIC is suggesting changes in crypto banking policies, possibly ending 'Operation Choke Point'.
FDIC Vice Chair Travis Hill criticizes restrictive crypto practices in banking, highlighting issues like "Operation Chokepoint." He calls for clearer guidelines and better collaboration with the crypto sector, emphasizing the need for balance between innovation and risk management.
FDIC's Travis Hill wants banks and crypto to collaborate better, criticizing restrictive methods.
