FDIC's Crypto Caution Has 'Significant Downsides,' Hill Says

[Gunnar Larson]

FDIC's Crypto Caution Has 'Significant Downsides,' Hill Says
<https://www.law360.com/capitalmarkets/articles/1812399?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-03-12&read_main=1&nlsidx=0&nlaidx=4>

By Jon Hill

Travis Hill, vice chair of the Federal Deposit Insurance Corp., said Monday
that the agency's cautious attitude toward cryptocurrency needs more nuance
and risks sending the wrong message to banks that they shouldn't even
"bother trying" to get involved with anything crypto-related.

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<https://www.law360.com/capitalmarkets/articles/1812399?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-03-12&read_more=1&nlsidx=0&nlaidx=4>
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