FDIC Board Approves Proposed Rule on State Bank Parity, Covering Digital Assets

This is a jurisdictional question dressed as a crypto story: the real substance is which state's rules govern an out-of-state state bank, and digital assets are simply the activity forcing the issue. The practical effect lands on state-chartered banks and their regulators, who have been the primary venue for crypto-adjacent banking while federal agencies have been slower to act. The open question is whether the parity framing survives the comment process, or whether it becomes another front in the federal-versus-state turf fight over digital asset oversight.