Odaily Planet Daily News The Federal Deposit Insurance Corporation (FDIC) issued a new policy to cancel the requirement set in 2022 that banks must obtain prior approval for crypto activities. Previously, the regulation caused banks to be disconnected from the digital asset industry due to delays in approval. Before the new guidance was issued, the head of the FDIC appointed by Trump promoted a crypto-friendly shift. FDIC Acting Chairman Travis Hill said that this move opened a new chapter in the wrong strategies of the past three years, and banks can now conduct crypto business after assessing the risks themselves. Similar adjustments are also seen in the recent revocation of similar restrictions by the OCC. (CoinDesk)