<ul><li>The U.S. Federal Deposit Insurance Corporation (FDIC) has eliminated mandatory approval requirements, allowing banks to operate in crypto activities.</li><li>Banks can now establish their own crypto offerings by adhering to safety guidelines and properly handling risks without explicit FDIC clearance.</li><li>The move aims to establish banking practices that support crypto solutions, making the U.S. a worldwide leader in crypto markets.</li><li>The FDIC's new policy has faced criticism for alleged lack of transparency and methods for crypto industry regulation.</li></ul>

FDIC Opens the Door for Crypto: A New Era for U.S. Banks

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