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Congressmen raise concerns over prudential regulators’ effort to ‘de-bank’ crypto industry

By Assad Jafri at 2026-05-03 06:00

Sentiment: Negative

U.S. Congressmen French Hill, Patrick McHenry and Bill Huizenga sent the Federal Deposit and Insurance Commission (FDIC) a joint letter on April 25 requesting information about regulatory efforts to deny banking services to the crypto industry. The Republican lawmakers have set a May 9 deadline for the regulator to provide all requested information. ‘Disfavored industries’ […] The post Congressmen raise concerns over prudential regulators’ effort to ‘de-bank’ crypto industry appeared first on CryptoSlate. Continue reading...

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Tags: #Featured #Politics #Regulation

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