FDIC Undermines Transparency Efforts
This is a news story, published by CoinGape, that relates primarily to FDIC news.
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Business & Economics
Coinbase Blames FDIC for Refusal to Cooperate in Operation Choke Point 2.0

67% Informative
Federal Deposit Insurance Cooperation ( FDIC ) has refused to cooperate in Operation Choke Point 2.0 investigation.
The FDIC failed to disclose details about their handling of Freedom of Information Act ( FOIA ) practices.
On the other hand, the US OCC has rolled back 2020 guidance while allowing banks to engage with custody service providers.
While the FDIC is not cooperating on the matter, the OCC is reversing 2020 guidance that restricted banks from engaging and providing custody services for cryptocurrencies.
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88
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English
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