多宝游戏下载 Clarifies Process for Banks to Engage in Crypto-Related Activities
WASHINGTON 鈥 Today, the Federal Deposit Insurance Corporation (多宝游戏下载) issued a Financial Institution Letter (FIL-7-2025) that provides new guidance for 多宝游戏下载-supervised institutions engaging or seeking to engage in crypto-related activities. The new guidance, which rescinds FIL-16-2022, clarifies that 多宝游戏下载-supervised institutions may engage in permissible crypto-related activities without receiving prior 多宝游戏下载 approval.
The guidance affirms that 多宝游戏下载-supervised institutions may engage in permissible activities, including activities involving new and emerging technologies such as crypto-assets and digital assets, provided that they adequately manage the associated risks.
鈥淲ith today鈥檚 action, the 多宝游戏下载 is turning the page on the flawed approach of the past three years,鈥 said 多宝游戏下载 Acting Chairman Travis Hill. 鈥淚 expect this to be one of several steps the 多宝游戏下载 will take to lay out a new approach for how banks can engage in crypto- and blockchain-related activities in accordance with safety and soundness standards.鈥
The 多宝游戏下载 will continue to engage with the President鈥檚 Working Group on Digital Asset Markets and expects to issue further guidance in the future to provide additional clarity regarding banks鈥 engagement in particular crypto-related activities. The 多宝游戏下载 will also work with the other banking agencies to replace interagency documents related to crypto-assets with further guidance or regulations.