30 - FDIC Proposes New Rules For Banks Partnering With Fintechs

The FDIC introduces new recordkeeping rules for banks working with fintechs, aiming to enhance deposit insurance determinations. Meanwhile, Nigeria's SEC issues its first digital asset exchange licenses, and Kamala Harris promises to prioritize blockchain in her economic plan. The podcast also covers SEC discussions on NFT classification and EU leadership changes affecting crypto regulation.

Sources:
https://natlawreview.com/article/new-fdic-recordkeeping-requirements-director-chopra-cautions-against-new-form-rent
https://www.cointrust.com/market-news/nigerias-blockchain-industry-aims-to-fight-corruption-through-regulatory-collaboration
https://cryptonews.com.au/news/kamala-harris-promises-to-make-us-dominant-in-blockchain-123597/
https://www.cryptonewsz.com/hester-peirce-sec-classifying-nft-securities/
https://www.dlnews.com/articles/regulation/what-the-eus-nominated-commissioners-mean-for-crypto/
https://coingeek.com/nigeria-sec-vows-to-crack-down-on-unlicensed-exchanges/

Outline:
(00:00:00) Introduction
(00:00:39) FDIC Implements New Recordkeeping Requirements and Faces Industry Scrutiny
(00:02:00) Nigeria's Blockchain Industry Aims to Fight Corruption Through Regulatory Collaboration
(00:04:00) Kamala Harris Promises to Make US Dominant in Blockchain and Crypto
(00:06:43) Hester Peirce Breaks Silence on SEC Classifying NFT as Securities
(00:07:53) EU Leadership Changes and Implications for Cryptocurrency Regulation
(00:09:55) Nigeria's Blockchain Regulatory Efforts Intensify with Government and Industry Collaboration