Skip to content

Enum: CryptoActivityType

A type of crypto-activity in which a bank engaged or sought to engage, derived from FIL-16-2022, the related FDIC internal procedure, or the FDIC Crypto Documents.

URI: CryptoActivityType

Permissible Values

Value Meaning Description
CUSTODY None Acting as a crypto-asset custodian
STABLECOIN_RESERVE_MAINTENANCE None Maintaining stablecoin reserves
DIGITAL_ASSET_ISSUANCE None Issuing crypto or other digital assets
MARKET_MAKING None Acting as crypto-asset market maker
EXCHANGE_AND_REDEMPTION None Acting as crypto-asset exchange or redemption agent
SETTLEMENT_OR_PAYMENT_SYSTEMS None Participating in blockchain and distributed ledger-based settlement or paymen...
CRYPTO_FINDING None Crypto-related finder activities
CRYPTO_COLLATERAL_LENDING None Lending when crypto-assets are used or relied upon as collateral
STABLECOIN_RESERVE_ACCOUNTS None Providing deposit accounts used to maintain stablecoin reserves
CRYPTO_FIRM_CUSTOMER_FUNDS None Holding or maintaining the funds of crypto-related companies' customers
CUSTOMER_CRYPTO_FACILITATION None Facilitating the purchase and sale of crypto-assets through an institution wi...
ATM_OPERATOR_ACCOUNTS None Providing deposit account services to crypto-asset automatic teller machine o...
CRYPTO_FIRM_OPERATING_ACCOUNTS None Providing deposit accounts used for the business operations of crypto-related...
CRYPTO_FIRM_ACH_PROCESSING None Processing ACH payments for crypto-related companies in which the bank does n...
NON_CRYPTO_COLLATERAL_LENDING None Making loans to crypto-asset companies not collateralized by crypto-assets
CRYPTO_PAYMENT_PROCESSING None Processing payments in crypto-assets
STAKING_SERVICES None Providing staking services
CRYPTO_REWARDS None Providing rewards in crypto-assets
STABLECOIN_ISSUANCE None Issuance and distribution of stablecoin by the bank
BLOCKCHAIN_DIGITAL_RECORDS None Engaging in blockchain-based digital record-keeping
PURCHASING_HOLDING_CRYPTO None Purchasing or holding crypto-assets by the bank as principal
TRUST_ACCOUNT_CRYPTO_HOLDINGS None Acting as trustee for trust accounts that hold crypto-assets
OTHER None Engaging in crypto-related activities not otherwise specified in the taxonomy

Slots

Name Description
crypto_activity_types A normalized list of crypto-activity types from the CryptoActivityType taxono...

Identifier and Mapping Information

Schema Source

  • from schema: https://finreg-foundry.github.io/fdic-crypto

LinkML Source

name: CryptoActivityType
description: A type of crypto-activity in which a bank engaged or sought to engage,
  derived from FIL-16-2022, the related FDIC internal procedure, or the FDIC Crypto
  Documents.
from_schema: https://finreg-foundry.github.io/fdic-crypto
rank: 1000
permissible_values:
  CUSTODY:
    text: CUSTODY
    description: Acting as a crypto-asset custodian
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Custody
  STABLECOIN_RESERVE_MAINTENANCE:
    text: STABLECOIN_RESERVE_MAINTENANCE
    description: Maintaining stablecoin reserves
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Stablecoin Reserve Maintenance
  DIGITAL_ASSET_ISSUANCE:
    text: DIGITAL_ASSET_ISSUANCE
    description: Issuing crypto or other digital assets
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Digital Asset Issuance
  MARKET_MAKING:
    text: MARKET_MAKING
    description: Acting as crypto-asset market maker
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Market Making
  EXCHANGE_AND_REDEMPTION:
    text: EXCHANGE_AND_REDEMPTION
    description: Acting as crypto-asset exchange or redemption agent
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Exchange and Redemption Services
  SETTLEMENT_OR_PAYMENT_SYSTEMS:
    text: SETTLEMENT_OR_PAYMENT_SYSTEMS
    description: Participating in blockchain and distributed ledger-based settlement
      or payment systems including performing node functions
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Settlement or Payment Systems
  CRYPTO_FINDING:
    text: CRYPTO_FINDING
    description: Crypto-related finder activities
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Crypto Finding
  CRYPTO_COLLATERAL_LENDING:
    text: CRYPTO_COLLATERAL_LENDING
    description: Lending when crypto-assets are used or relied upon as collateral
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Crypto Collateral Lending
  STABLECOIN_RESERVE_ACCOUNTS:
    text: STABLECOIN_RESERVE_ACCOUNTS
    description: Providing deposit accounts used to maintain stablecoin reserves
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Stablecoin Reserve Accounts
  CRYPTO_FIRM_CUSTOMER_FUNDS:
    text: CRYPTO_FIRM_CUSTOMER_FUNDS
    description: Holding or maintaining the funds of crypto-related companies' customers
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Crypto Firm Customer Funds
  CUSTOMER_CRYPTO_FACILITATION:
    text: CUSTOMER_CRYPTO_FACILITATION
    description: Facilitating the purchase and sale of crypto-assets through an institution
      with a third party
    annotations:
      included_status:
        tag: included_status
        value: INCLUDED
    title: Customer Crypto Facilitation
  ATM_OPERATOR_ACCOUNTS:
    text: ATM_OPERATOR_ACCOUNTS
    description: Providing deposit account services to crypto-asset automatic teller
      machine operators
    annotations:
      included_status:
        tag: included_status
        value: EXCLUDED
    title: ATM Operator Accounts
  CRYPTO_FIRM_OPERATING_ACCOUNTS:
    text: CRYPTO_FIRM_OPERATING_ACCOUNTS
    description: Providing deposit accounts used for the business operations of crypto-related
      companies in which the bank does not hold/maintain the funds of the crypto-related
      companies' customers
    annotations:
      included_status:
        tag: included_status
        value: EXCLUDED
    title: Crypto Firm Operating Accounts
  CRYPTO_FIRM_ACH_PROCESSING:
    text: CRYPTO_FIRM_ACH_PROCESSING
    description: Processing ACH payments for crypto-related companies in which the
      bank does not hold/maintain the funds of the crypto-related companies' customers
    annotations:
      included_status:
        tag: included_status
        value: EXCLUDED
    title: Crypto Firm ACH Processing
  NON_CRYPTO_COLLATERAL_LENDING:
    text: NON_CRYPTO_COLLATERAL_LENDING
    description: Making loans to crypto-asset companies not collateralized by crypto-assets
    annotations:
      included_status:
        tag: included_status
        value: EXCLUDED
    title: Non-Crypto-Collateral Lending
  CRYPTO_PAYMENT_PROCESSING:
    text: CRYPTO_PAYMENT_PROCESSING
    description: Processing payments in crypto-assets
    annotations:
      included_status:
        tag: included_status
        value: NOT_MENTIONED
    title: Crypto Payment Processing
  STAKING_SERVICES:
    text: STAKING_SERVICES
    description: Providing staking services
    annotations:
      included_status:
        tag: included_status
        value: NOT_MENTIONED
    title: Staking Services
  CRYPTO_REWARDS:
    text: CRYPTO_REWARDS
    description: Providing rewards in crypto-assets
    annotations:
      included_status:
        tag: included_status
        value: NOT_MENTIONED
    title: Crypto Rewards
  STABLECOIN_ISSUANCE:
    text: STABLECOIN_ISSUANCE
    description: Issuance and distribution of stablecoin by the bank
    annotations:
      included_status:
        tag: included_status
        value: NOT_MENTIONED
    title: Stablecoin Issuance
  BLOCKCHAIN_DIGITAL_RECORDS:
    text: BLOCKCHAIN_DIGITAL_RECORDS
    description: Engaging in blockchain-based digital record-keeping
    annotations:
      included_status:
        tag: included_status
        value: NOT_MENTIONED
    title: Blockchain Digital Records
  PURCHASING_HOLDING_CRYPTO:
    text: PURCHASING_HOLDING_CRYPTO
    description: Purchasing or holding crypto-assets by the bank as principal
    annotations:
      included_status:
        tag: included_status
        value: NOT_MENTIONED
    title: Purchasing or Holding Crypto
  TRUST_ACCOUNT_CRYPTO_HOLDINGS:
    text: TRUST_ACCOUNT_CRYPTO_HOLDINGS
    description: Acting as trustee for trust accounts that hold crypto-assets
    annotations:
      included_status:
        tag: included_status
        value: NOT_MENTIONED
    title: Trust Account Crypto Holdings
  OTHER:
    text: OTHER
    description: Engaging in crypto-related activities not otherwise specified in
      the taxonomy
    annotations:
      included_status:
        tag: included_status
        value: NOT_MENTIONED
    title: Other Crypto Activity