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Yueqi Yang|Feb 20, 2025 19:53
Bank lobbying groups wrote a letter to @DavidSacks calling for Fed, OCC, FDIC to "rescind or substantially revise" prior guidance on crypto.
Says a bank shouldn't have to obtain prior approval before offering crypto custody, tokenized deposits, or serve as a correspondent bank for crypto firm
https://bpi.com/financial-institutions-support-administrations-effort-to-maintain-u-s-leadership-in-digital-assets/
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