Latest News and Articles about Banks

FDIC Removes Crypto Pre-Approval: Banks Can Now Engage with Digital Assets

2 April 2025 Daily Feed Banks, Crypto, Digital Assets, FDIC

FDIC Lifts Crypto Restrictions: A New Era for Digital Assets in Banking The Federal Deposit Insurance Corp. (FDIC) has made a significant policy shift by eliminating the pre-approval requirement for U.S. banks engaging in cryptocurrency activities. This move, reversing a 2022 mandate, opens the door for banks to dive into the digital asset market without […]

US Senate to Confront Crypto Debanking on Feb 5: Key Witnesses and Allegations

1 February 2025 Daily Feed Banks, Crypto, Debanking, Senate Hearing

US Senate Hearing Set to Tackle Crypto Debanking: Key Witnesses and Allegations On February 5, 2025, the US Senate will confront the pressing issue of debanking, particularly within the cryptocurrency sector, during a hearing led by the Senate Banking Committee. This session will explore whether banks are cutting off accounts due to regulatory pressure or […]