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Trump's FDIC Chief Rethinks Crypto Guidance as U.S. Senators Probe Debanking

FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examined regulators keeping banks out of crypto.

By Jesse Hamilton|Edited by Nikhilesh De

Updated Feb 5, 2025, 6:00 p.m. Published Feb 5, 2025, 5:43 p.m.

Anchorage Digital CEO Nathan McCauley testifies in the Senate — Anchorage Digital CEO Nathan McCauley tells senators about U.S. regulators pressuring banks to sever crypto relationships. (Senate Banking Committee video capture)