The Federal Deposit Insurance Corp. is navigating widespread layoffs and policy changes amid a government-wide overhaul. What ...

FDIC removes "reputational risk" from bank supervision criteria, marking a win for the crypto industry amid regulatory shifts.

On March 24, acting FDIC Chairman Travis Hill informed Congress that the agency is preparing to eliminate the use of “reputation risk” as a basis ...

On the same day, the FDIC wrote a letter allowing banks to engage in crypto-related activity without prior approval, while ...

The guidance rescinds previous guidance, FIL-16-2022, issued under then-chair Martin Gruenberg, which required financial ...

Banks under FDIC supervision can now handle crypto without getting permission first. On Friday, the FDIC released Financial ...

A legal expert warns that South African banks could face US sanctions following new American legislation that prohibits ...

The FDIC now lets banks engage in crypto services without needing prior approval, streamlining oversight while retaining risk ...

The US Banking Committee has moved to eliminate 'reputational risk' as a reason for account closures, challenging a practice ...