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US FDIC Plans to Allow Banks to Offer Virtual Asset Services

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JH Kim
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  • The US FDIC has announced plans to revise guidelines to allow banks to offer virtual asset services.
  • Some banks are reportedly already in discussions with government officials regarding the guideline revision.
  • This policy is expected to allow virtual asset services to be offered without separate approval from authorities.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

On the 5th (local time), according to Bitcoin Magazine, a cryptocurrency-focused media outlet, the American investment magazine Barron's reported, citing anonymous sources, that the United States Federal Deposit Insurance Corporation (FDIC) plans to revise guidelines to allow banks to offer virtual asset services without separate approval from authorities. It is known that some banks have already been in discussions with government officials regarding this.

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