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FDIC says banks can engage in crypto activities without prior approval

FDIC Guidance for Crypto Activities This announcement from the FDIC has brought a sense of relief to financial institutions looking to enter the crypto space. With the increasing popularity of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), many banks and credit unions have been exploring ways to incorporate these digital assets into their services. This move by the FDIC signals a more welcoming stance towards cryptocurrencies, which is being reflected in the market. #FDIC #CryptoRegulation #Bitcoin #Ethereum #Dogecoin Crypto Trading on the Rise As more and more financial institutions dip their toes into the world of crypto, the trading volume for these digital assets has been steadily increasing. Major crypto tickers such as BTC, ETH, and DOGE have been experiencing record-breaking trading volumes, indicating a growing interest and trust in these currencies. This surge in trading activity also highlights the potent...