# FDIC rescinds prior-approval expectations for bank crypto-related activities

> The FDIC rescinded FIL-16-2022 and stated that FDIC-supervised institutions may engage in permissible crypto-related activities without first notifying the agency or receiving nonobjection. Institutions must continue to manage safety, soundness, consumer-protection, and legal risks.

- URL: https://riadefi.com/regulation/2025-03-28-fdic-fil-7-2025-crypto-notification-rescission/
- Posture: Guidance
- Authorities: Federal Deposit Insurance Corporation
- Event date: 2025-03-28
- Version: 1, published 2026-08-07 (first published 2026-08-07)
- Advisor-relevant: yes

## What changed

The FDIC rescinded FIL-16-2022 and stated that FDIC-supervised institutions may engage in permissible crypto-related activities without first notifying the agency or receiving nonobjection. Institutions must continue to manage safety, soundness, consumer-protection, and legal risks.

## Who it affects

- FDIC-supervised banks
- Advisers evaluating bank custody, payment, and settlement providers

## What is still open

- How supervised banks will implement new services
- Activity-specific supervisory expectations and consumer disclosures

## What it means for an advisor

- Refresh bank-provider diligence and service-availability assumptions
- Confirm the institution’s actual authority, controls, and contract terms for the contemplated client workflow

## Previous interpretation

FIL-16-2022 directed FDIC-supervised institutions to notify the agency and obtain supervisory feedback before engaging in crypto-related activities.

## Sources

1. [FDIC Clarifies Process for Banks to Engage in Crypto-Related Activities](https://www.fdic.gov/news/press-releases/2025/fdic-clarifies-process-banks-engage-crypto-related-activities) · Federal Deposit Insurance Corporation · 2025-03-28


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.