Home Cryptocurrency FDIC pays $188k, pledges policy shift in Coinbase FOIA crypto case

FDIC pays $188k, pledges policy shift in Coinbase FOIA crypto case

The FDIC will pay $188,440 and revise its disclosure rules after a Coinbase FOIA lawsuit exposed “pause letters” telling banks to curb or halt crypto services. The Federal Deposit Insurance Corporation agreed to pay $188,440 in legal fees and revise…

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