FDIC Issues 175 Important Regulations on Electronic Money Banks in the United States

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The Federal Deposit Insurance Corporation (FDIC) has released 175 documents detailing the supervision of banks participating in or attempting to participate in regulations on electronic banking. FDIC publishes 175 documents on regulations of electronic money banks Chairman Travis Hill emphasized that these documents include correspondence between the FDIC and former banks that have requested permission to participate in regulations regarding digital currency banking. The disclosure comes after the FDIC announced t

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