FDIC Agrees to Heighten Digital Asset Industry Risk Assessments

FDIC Agrees to Heighten Digital Asset Industry Risk Assessments

The FDIC will enhance its digital asset risk assessments, per recommendations by the Office of the Inspector General, to address potential risks in the crypto industry. Key Takeaways In response to a report from the U.S. Office of the Inspector General, the Federal Deposit Insurance Corporation (FDIC), the agency responsible for overseeing financial institutions and insuring deposits in the United …

Continue Reading