Regulators Paused Crypto Lending
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•FDIC was cautious on crypto but did not tell banks to choke off sector, documents show
82% Informative
Federal Deposit Insurance Corporation releases 25 "pause letters" sent to unidentified banks.
Documents show regulators directed banks to pause dabbling directly in crypto in 2022 and 2023 .
But they did not direct them to stop providing banking services to crypto companies, the documents show.
The letters are being released weeks before President-elect Donald Trump's incoming administration is expected to outline a broad crypto policy overhaul.
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