News & Analysis as of June 16, 2025

Federal Deposit Insurance Corporation

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FDIC Rescinds Prior Notification Requirement for Banks' Permissible Crypto Activities

Jones Day on 4/3/2025

The FDIC has rescinded an earlier Financial Institution Letter establishing a prior notification requirement for FDIC-supervised institutions that wish to engage in specified crypto-related activities and has clarified that...more

Regulatory Reversals: Political Transitions and the Congressional Review Act

Latham & Watkins LLP on 1/22/2025

A Republican Congress and the incoming Trump administration may employ the CRA to quickly overturn recent rules that faced heavy criticism from the financial services industry....more

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FDIC Rescinds Prior Notification Requirement for Banks' Permissible Crypto Activities

Regulatory Reversals: Political Transitions and the Congressional Review Act

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