In a bid to address the evolving landscape of digital currencies, the Federal Deposit Insurance Corporation (FDIC) has embarked on a proactive journey. Their novel approach, initiated in early 2022, delves deep into individual banks’ crypto activities while offering tailored guidance. A recent report from the FDIC’s Inspector General’s Office (OIG) sheds light on this unique strategy, revealing both its successes and areas in need of improvement.·
For the full story, head over to TheCurrencyAnalytics.com.