FDIC working on new crypto guidelines, eyes public blockchain use by banks

The Federal Deposit Insurance Corporation (FDIC) is formalizing a more permissive and transparent framework for US banks engaging with crypto, including the use of public, permissionless blockchains. In remarks delivered at the American Bankers Association Washington Summit on April 8, FDIC Acting Chairman Travis Hill addressed the agency’s evolving stance on crypto-related activities. source: https://cryptoslate.com/fdic-working-on-new-crypto-guidelines-eyes-public-blockchain-use-by-banks/