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FDIC Will Revise Principles on Electronic Money, Opening the Door for Bank Participation
In a groundbreaking move, the Federal Deposit Insurance Corporation (FDIC) (FDIC) is reportedly revising its guidelines to allow banks to engage in cryptocurrency-related activities. This change marks a significant departure from previous regulatory stances and is part of a broader shift towards supporting cryptocurrencies under the Trump administration. If implemented, these changes could open up new opportunities for banks, enhancing their ability