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FDIC Letters Show It Met Crypto With 'Resistance,' Hill Says

By Aislinn Keely ( February 5, 2025, 9:28 PM EST) -- The Federal Deposit Insurance Corp.'s acting Chairman Travis Hill said Wednesday that he has jump-started a "comprehensive review" of the regulator's past crypto-focused communications with supervised banks, releasing a trove of documents he said shows that many banks abandoned their cryptocurrency plans after the FDIC met them with "resistance."...

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