According to disclosed documents, one of the U.S. regulatory banking agencies, the Federal Deposit Insurance Corporation (FDIC), had warned the banking sector in 2022 and 2023 to stop providing banking services to cryptocurrency operators. The related documents were requested to be made public by the lawyer representing the cryptocurrency exchange Coinbase, which is currently in litigation with the FDIC. After the judge approved the request, the FDIC publicly released a redacted version of the documents it sent to some banks last month, which involved warnings to the banking sector to cease banking services for cryptocurrency operators. It is reported that the original plaintiffs subsequently requested the judge to order the FDIC to release a more detailed version, and on Friday, the FDIC made public the related version along with an internal notice from 2022, instructing regulators on how to assess lenders directly handling virtual currency assets and dealings with cryptocurrency companies. Coinbase's legal advisor Paul Grewel stated that the contents of the documents prove the FDIC's intention to shut down cryptocurrency companies and prevent them from using traditional banking services.