In a significant move that has the potential to transform the landscape of banking and digital assets, the Federal Deposit Insurance Corporation (FDIC) has made a groundbreaking decision to support and embrace crypto innovation. The announcement came during the American Bankers Association's Washington Summit on April 8, where FDIC Acting Chairman Travis Hill outlined a new direction for regulatory clarity in the realm of blockchain and cryptocurrencies.

This shift in policy by the FDIC marks a crucial step towards removing obstacles that have hindered the integration of digital assets into the traditional banking system. By opening the gates to crypto innovation, the FDIC is signaling a willingness to adapt to the rapidly evolving financial landscape and leverage the benefits of blockchain technology.

The move is expected to have a profound impact on the

Source: https://news.bitcoin.com/fdic-clears-crypto-runway-with-new-blockchain-policy-shift/