cryptojournalist
The FDIC is recommending that banks hold off on expanding their crypto services until it completes an internal review.
Scrutiny on Crypto Offerings
The FDIC has been closely examining crypto activities at several banks. In one instance, “Document 5” shows that the FDIC met with a bank to discuss its crypto services. Even after receiving more information, the FDIC suggested the bank hold back on expanding its crypto offerings until further notice.
Coinbase Ready for Election Results
Coinbase recently shared it’s prepared to work with either a Democratic or Republican administration after the U.S. presidential election on November 5, regardless of the winner.
