FDIC Seeks Crypto Regulatory Gaps in Compliance with Biden Executive Order

Understand the authority of the Federal Deposit Insurance Corporation (FDIC) and view recent requests by the FDIC to be notified of all banks that participate or intend to participate in crypto-related activities. The FDIC will begin requesting case-specific information to allow it to assess the safety and soundness, consumer-protection, and financial-stability consequences of the institution’s crypto activities.

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