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Top U.S. Bank Regulator Faulted for Lack of Crypto Guidance to Banks

The FDIC's watchdog concluded the agency has been lax in figuring out how to guide U.S. bankers on crypto matters, and it called for a new strategy by January.

The U.S. Federal Deposit Insurance Corp. was faulted by its inspector general for a lack of guidance to banks handling crypto. (Nikhilesh De/CoinDesk)
The U.S. Federal Deposit Insurance Corp. was faulted by its inspector general for a lack of guidance to banks handling crypto. (Nikhilesh De/CoinDesk)