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FDIC Wants Crypto Info From Banks Amid Global Digital Push

FDIC Wants Crypto Info From Banks Amid Global Digital Push – Law360

The head of the Federal Deposit Insurance Corp. said Tuesday that the agency will issue a request for information on banks’ progress in the digital assets space, part of a speech that called for fintech innovation while warning that the U.S. could be left behind as countries like China develop their own centralized digital currencies.