🚨 JUST IN: FDIC Targets Bitcoin Banking Products
The FDIC has issued 25 letters instructing banks to halt the development of Bitcoin-related banking products. 🌐
🔍 Key Details:
1️⃣ The FDIC is citing concerns over regulatory compliance and risk management tied to cryptocurrency.
2️⃣ This move could slow innovation in Bitcoin banking but highlights the growing impact of crypto on traditional finance.
💡 What’s Next?
• Will banks push back against these restrictions?
• How will this affect Bitcoin’s integration into mainstream banking?
Share your thoughts below! 👇
#Bitcoin #CryptoNews #FDIC #CryptoBanking