"This FIL affirms that FDIC-supervised institutions may engage in permissible activities, including activities involving new and emerging technologies such as crypto-assets and digital assets," the ...

U.S. President Donald Trump signs an executive order about tariffs increase in the Oval Office of the White House in Washington, D.C. Kevin Lamarque/Reuters President Donald Trump has announced ...

Top US banking regulators plan to withdraw an overhauled rule meant to tackle redlining and boost lending to lower-income areas after industry groups sued to block the updated legislation last ...

The Federal Deposit Insurance Corporation issued a Financial Institution Letter that provides new guidance for FDIC-supervised institutions engaging or seeking to engage in crypto-related activities.

The Federal Deposit Insurance Corp. will no longer instruct banks to get prior sign-off before they engage in crypto activities — a standard that was set in 2022 and that effectively severed ...

WASHINGTON, March 28 (Reuters) - Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities. The Federal Deposit ...

Three federal bank regulators will propose to rescind the Community Reinvestment Act final rule due to pending litigation, they announced Friday morning. The Federal Reserve, Office of the Comptroller ...

The FDIC has completed a review of all mentions of reputational risk and similar terms in its policy documents and “plans to eradicate this concept from our regulatory approach,” Hill wrote. The ...

Andrew Stanton is a Newsweek weekend reporter based in Maine. His role is reporting on U.S. politics and social issues. Andrew joined Newsweek in 2021 from The Boston Globe. He is a graduate of ...

A longtime critic of the FDIC's crypto policies under Biden, Hill reiterated his commitment to expanding banking's access to digital assets and ensuring banks have regulatory clarity to engage with ...

The FDIC’s removal of “reputational risk” from regulatory standards marks a pivotal shift, easing barriers for crypto firms seeking banking access. This decision aligns with broader efforts to foster ...

Walk into any of Indiana's 92 banks and 14 subchapter S institutions and you'll find the FDIC logo promising to protect up to $250,000 per depositor, per insured bank, for each account ownership ...