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FDIC Put Brakes on Crypto Banking at US Lenders
Coinbase is reportedly accusing an American financial regulator of hindering cryptocurrency banking activity. That’s according to a Friday (Dec. 6) report by Coindesk, citing court documents unearthed by History Associates, a research firm working with Coinbase that sued the Federal Deposit Insurance Corp. (FDIC) and Securities and Exchange Commission (SEC) in June. During the course of that litigation, the report said, History Associates gained access to internal FDIC communications that showed the regulator halting efforts by lenders to offer — or consider — products and services in the digital assets space. ... (full story)
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- Posted: Dec 8, 2024 9:07pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 122
