Under Acting Chair Martin Gruenberg, the banking regulator has issued warnings about the potential for the “rapid introduction of … digital asset products into the financial system” to pose systemic risks. In February, Gruenberg said the FDIC and other regulators needed to provide “robust guidance” to the banking industry on how to manage the risks posed by crypto.
Source: https://www.coindesk.com/policy/2022/04/07/fdic-asks-all-banks-to-report-crypto-activities/?utm_medium=referral&utm_source=rss&utm_campaign=headlines