US CFTC, FDIC Revoke Crypto-Related Restrictions for Banks: All Details

US CFTC, FDIC Revoke Crypto-Related Restrictions for Banks: All Details

The US Commodity Futures Trading Commission (CFTC) and the Federal Deposit Insurance Corporation (FDIC) revoked crypto-related restrictions that were levied on banks during former President Joe Biden’s administration. The FDIC has announced that financial institutions under its oversight no longer need prior approval to dabble in crypto-related activities. The CFTC, on the other hand, stated … Read more