FDIC-Bank Email Exchange Indicating No Change in Crypto Strategy
From: XXXXX
To: XXXXX
Cc: XXXXX
Subject: [EXTERNAL MESSAGE] Re: Follow-up Question: Crypto related product "Secure Email"
Date: Monday, September 11, 2023 9:45:37 AM
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Dear XXXXX,
There has been no change to our strategy regarding Crypto.
Thank you for checking in. Have a great week.
XXXXX
XXXXX
CEO
XXXXX
Sent from my iPhone.
From: XXXXX
Sent: Monday, September 11, 2023 9:29 AM
To: XXXXX
Cc: XXXXX
Subject: Follow-up Question: Crypto related product "Secure Email"
[External Email: Caution]
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Good Morning President XXXXX,
I hope you are having a great week. I am reaching out to my banks to determine if there have been any strategy changes related to crypto related products. As discussed at the last exam, your “bank has no immediate plans to implement any crypto related products or services”. I was following up to verify if there have been any changes in the bank’s strategy related to any crypto related products. If not, please confirm the previous statement. If the strategy has changed, please provide me with an update to your new plan. If you can respond by 9/13/23, that would be helpful. Please let me know if you have any questions.
Best Regards,
XXXXX
XXXXX
Case Manager - Risk Management Supervision
Federal Deposit Insurance Corporation
Office: XXXXX
Cell: XXXXX
FDIC
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