<ul><li>The U.S. Federal Deposit Insurance Corporation (FDIC) has rescinded its policy requiring pre-approval for banks engaging in crypto-related activities.</li><li>FDIC-supervised institutions are now allowed to engage in permissible crypto activities without FDIC approval.</li><li>Permissible activities include crypto and digital asset issuance, custody services, maintenance of stablecoin reserves, and participation in blockchain-based systems.</li><li>The FDIC intends to establish regulatory clarity and collaborate with other agencies in developing guidelines for crypto-related practices and services.</li></ul>

Bullish: FDIC Says Banks No Longer Need Pre-Approval to Engage with Cryptocurrencies

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