FDIC issues crypto-related activities requirement for financial institutions

The FDIC has issued an alert for supervised institutions regarding cryptocurrency and crypto-related activities. We highly recommend all FDIC-supervised institutions read the full alert and evaluate their institution’s involvement in crypto-related activities to complete the feedback requested by the FDIC.

This new and consistently evolving space can be highly confusing. If your institution needs assistance assessing your exposure and understanding your involvement in crypto-related activities, please connect with our digital assets team.