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FDIC's Crypto Caution Has 'Significant Downsides,' Hill Says

By Jon Hill (March 11, 2024, 9:55 PM EDT) -- Travis Hill, vice chair of the Federal Deposit Insurance Corp., said Monday that the agency's cautious attitude toward cryptocurrency needs more nuance and risks sending the wrong message to banks that they shouldn't even "bother trying" to get involved with anything crypto-related....

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