Set the FDIC to discuss the rule that may shape the crypto relationships of banks

The Board of Directors of the Federal Deposit Insurance Corporation is set to discuss the proposed policies that may affect crypto companies amidst allegations of dedication.

In a notice on Thursday, the FDIC Says Its Board will consider a notice of the proposed decision “regarding the ban on the use of the regulators’ reputation.” Although the agenda did not clearly mention the concerns of concerns tied to digital possessions, the acting of FDIC chair Travis Hill had previously criticized regulators for using “reputation risk” as a reason to avoid some banks to engage crypto activities, such as allowing clients to send funds to exchange funds.

https://www.youtube.com/watch?v=-cpjxnan8S4

US president Donald Trump used The term in an August executive order “guarantees free banking,” claiming that having regulators who can access the reputation risk may result in “politicians or unlawful defamation.” The order is not specifically mention Digital assets.

Before Trump took office and Signed Executive OrderMany in the crypto industry are said to have been rejected by access to US banking services as part of an orchestra pushing authorities because of their relationship with digital ownership.

Court documents became public in December as part of a request to the Freedom of Information Act with the FDIC The regulator was shown Some institutions asked to “pause all crypto-related activities” in 2022.

Related: Crypto Debanking is ‘still happening’ as banks stick to chokepoint policies

The alleged action, called “Operation Chokepoint 2.0” of some, became an issue with the campaign for Trump and many Republicans during the 2024 election. After Trump won the presidential election and appointed Hill, the acting FDIC chair Says The regulator is “re -review (its) administration approach to crypto -associated activities.”

The cointelegraph reached the FDIC to comment but did not receive a response at the time of publication.