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Home » FDIC Adopts New Rules to Combat Crypto Misconduct!
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FDIC Adopts New Rules to Combat Crypto Misconduct!

December 21, 2023No Comments1 Min Read
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FDIC Adopts New Rules to Combat Crypto Misconduct!
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Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Dec 21, 2023 9:50

The Federal Deposit Insurance Corporation (FDIC) has implemented new rules governing the use of its official signs and advertising, in a move that could impact the public perception of certain cryptocurrency firms. The FDIC’s board of directors has finalized regulations to clarify false advertising, misrepresentations of deposit insurance coverage, and misuse of the FDIC’s name or logo. Institutions insured by the FDIC will be required to display a new black and navy blue sign on all websites, apps, and brick-and-mortar bank locations, as well as certain ATMs, starting in 2025.


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