Regulation· ★★★· bullish· September 17, 22:58

FDIC approves rule to level playing field for state banks in digital assets

—FDIC approved a proposed rule on "equal" conditions for state and federal banks
—The rule determines which state laws apply to interstate operations
—Innovative activities, including digital assets, are covered
—Senator Lummis backed the initiative as an incentive for responsible innovation

Why it matters: It simplifies state banks' access to crypto services and reduces regulatory uncertainty in the U.S.