FDIC
Levelfield Bank Wins Illinois OK to Offer FDIC‑Insured Crypto Services Nationwide
Levelfield Financial received conditional approval from the Illinois Department of Financial and Professional Regulation to acquire Burling Bank, clearing a major regulatory hurdle to offer FDIC‑insured banking alongside crypto services nationwide. The move could expand insured banking access for digital asset firms if federal sign‑offs follow.
Published at 2025-11-18 12:45:38
FDIC, Federal Reserve, and OCC Clarify Risk Management for Banks Holding Crypto Assets
On July 14, 2025, the FDIC, Federal Reserve Board, and OCC issued a joint statement addressing risk-management for banks offering crypto-asset safekeeping services, emphasizing adherence to existing regulations without adding new supervisory rules.
Published at 2025-09-02 16:05:18