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FDIC Crypto Warning Underlines U.S. Banking Agencies' Arm’s-Length Policy

The Federal Deposit Insurance Corp. formally added crypto to its annual report on risks facing U.S. banks and says it’s set for “robust” talks about digital assets with bankers.

By Jesse Hamilton|Edited by Nikhilesh De

Updated Aug 15, 2023, 6:50 p.m. Published Aug 15, 2023, 4:34 p.m.

The Federal Deposit Insurance Corp. has, for the first time, included crypto as one of the major banking risks in an annual report. (Nikhilesh De/CoinDesk)