According to Cas Abbé, the FDIC plans to revise its guidelines to permit banks to engage in crypto activities. This follows a statement by Powell a week ago indicating a shift towards allowing banks to participate in crypto markets. This development signals potential regulatory changes that could impact trading strategies and market dynamics.

According to The Kobeissi Letter, the FDIC is planning to revise its crypto guidelines, allowing banks to engage in certain crypto activities, including potential 'tokenized deposits' that could integrate checking accounts with blockchain technology.

According to The Kobeissi Letter, the FDIC is planning to revise its crypto guidelines, which would allow banks to participate in certain crypto activities. This includes the introduction of 'tokenized deposits' that may enable some checking accounts to operate on blockchains.