Troutman Pepper Weekly Consumer Financial Services Newsletter
Troutman Sanders
DECEMBER 20, 2022
The proposed rule will amend the definition of “non-deposit product” and “uninsured financial product” to include “crypto-assets,” thereby requiring IDI’s to clearly, continuously, and conspicuously display disclosures indicating that crypto-assets are not insured by the FDIC. On December 12, the U.S. For more information, click here.
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