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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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- 📢 #Gate Square Writing Contest Phase 1# is now officially launched!
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The expected Cryptocurrency move from the US critical institution FDIC has arrived!
The Federal Deposit Insurance Corporation (FDIC) ( has published a new guideline allowing banks supervised by the FDIC to engage in activities related to cryptocurrencies without prior approval, provided that they adequately manage the associated risks.
The announcement detailed in the Financial Institution Letter )FIL-7-2025( signals a change in the institution's stance on digital assets, also canceling the previous guidance from 2022 )FIL-16-2022(.
FDIC Vice Chairman Travis Hill said, "With today's action, the FDIC is opening a new chapter on the flawed approach of the last three years" and added, "I expect this to be one of several steps the FDIC will take to outline a new approach for how banks can engage in crypto and blockchain-related activities in accordance with safety and soundness standards."
The new guidance confirms that banks can engage in crypto-related activities as long as they implement appropriate risk management measures. The FDIC also stated that it will continue to collaborate with the President's Working Group on Digital Asset Markets and other banking regulators to improve policies governing digital asset activities.