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FDIC Took Issue With Banks Using Public Blockchains Like Ethereum, FOIA Docs Reveal

Banking regulator FDIC discouraged a member bank from using a public blockchain, according to unredacted documents obtained Friday by Coinbase.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FDIC Took Issue With Banks Using Public Blockchains Like Ethereum, FOIA Docs Reveal
Banking regulator FDIC discouraged a member bank from using a public blockchain, according to unredacted documents obtained Friday by Coinbase.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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