The US Federal Reserve and FDIC advance new banking regulatory rules
2026-08-28 06:18:26
According to CoinMeta, as reported by crypto journalist Eleanor Terrett, the Federal Reserve (OCC) and the Federal Deposit Insurance Corporation (FDIC) are advancing final rules aimed at clarifying the definition of "unsafe or unsound practices (unsafe or unsound practices)" in bank regulation. The new rules will require regulatory agencies to establish a clear connection between such behaviors and actual illegal activities or significant financial risks when making determinations, thereby reducing the room for imposing pressure on banks based solely on reputational risks or procedural issues. These changes may affect the regulatory approach of banks when dealing with legitimate clients such as crypto companies.
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