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FDIC 'Pause' Letters Focused On Banks' Crypto Activity

By Aislinn Keely ( January 3, 2025, 8:20 PM EST) -- The Federal Deposit Insurance Corporation directed banks to pause the development of certain crypto products and services in 2022 but stopped short of scrutinizing banks' decisions to provide traditional services to crypto-focused customers, according to documents released by the regulator on Friday....

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