FDIC
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FDIC Discourages Public Blockchain Use by Banks
- January 5, 2025
- Posted by: newworldfinance
- Category: Blockchain Technology
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Recently unredacted documents reveal that the Federal Deposit Insurance Corporation (FDIC) has discouraged American banks from offering services built on public blockchain networks. This disclosure, obtained by Coinbase through a Freedom of Information Act (FOIA) request, sheds light on the federal agency’s reservations about the use of decentralized and transparent blockchain platforms like Ethereum and Solana.
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FDIC: Protecting American Depositors and Ensuring Bank Stability
- December 2, 2024
- Posted by: newworldfinance
- Category: Finance, Geopolitics
FDIC: Protecting American Depositors and Ensuring Bank Stability