The FDIC has issued an alert for supervised institutions regarding cryptocurrency and crypto-related activities. We highly recommend all FDIC-supervised institutions read the full alert and evaluate their institution’s involvement in crypto-related activities to complete the feedback requested by the FDIC. 

This new and consistently evolving space can be highly confusing. If your institution needs assistance assessing your exposure and understanding your involvement in crypto-related activities, please connect with our digital assets team. 

Read about the latest FDIC alert for supervised institutions regarding cryptocurrency and crypto-related activities.

The financial services industry continues to diversify, but competition and more complex vendor relationships make determining business strategy more complicated.

Baker Tilly financial services practice leaders collaborate with a wide range of financial services companies to help move organizations toward the future they envision.

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With the banking industry (and world) in a state of digital transformation and change, you need a team that can assist in navigating challenges and charting a new course. 

Baker Tilly banking practice leaders collaborate with a wide range of financial services companies on financial statement, internal audit and advisory services.

FDIC issues crypto-related activities requirement for financial institutions

FDIC issues crypto-related activities requirement for financial institutions

Read the full letter

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