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United States Regulator Warned Banks Against Cryptocurrency

Posted on the 06 January 2025 by Phil's Stock World @philstockworld

The Federal Deposit Insurance Corporation (FDIC) warned banks against cryptocurrency but allowed them to serve crypto customers. The FDIC told banks to avoid directly holding cryptocurrency in 2022 and 2023. What the regulator did not do was to order the institutions to stop serving crypto companies ...

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