According to disclosure documents, one of the regulatory banking agencies in the United States, the Federal Deposit Insurance Corporation (FDIC), warned the banking industry in 2022 and 2023 to stop providing banking services to cryptocurrency operators. The relevant documents were requested to be made public by lawyers representing cryptocurrency trading platform Coinbase, who is currently in litigation with the FDIC. After the judge approved the application, the FDIC released a censored version of the document issued to some banks last month, which warned the banking industry to stop providing banking services to cryptocurrency operators. It is reported that the plaintiff's lawyer later requested the judge to order the FDIC to release a more detailed version.  @dr0215

Important development in the banking industry regarding cryptocurrency operators! 🚨