BlockBeats News, March 25th, according to FOX Business reporter Eleanor Terrett, the Federal Deposit Insurance Corporation (FDIC) is reportedly removing "Reputation Risk" from its regulatory standards.
The Federal Deposit Insurance Corporation is following the example of the US Office of the Comptroller of the Currency in eliminating this factor. Previously, this factor had been used as a reason for legitimate businesses, including cryptocurrency, to be denied banking services.
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