Golden Finance reported that Travis Hill, vice chairman of the U.S. Federal Deposit Insurance Corporation (FDIC), said in a speech on Friday that the FDIC would take a more “open attitude” to technology and called for more guidance on digital assets. It is reported that Travis Hill is preparing to serve as the acting chairman of the Federal Deposit Insurance Corporation and is currently the vice chairman. He will be nominated as a Republican member of the Federal Deposit Insurance Corporation in 2022. Travis Hill’s comments come after some in the crypto industry expressed concern that the FDIC has asked financial institutions to suspend crypto-related activities. Coinbase, through consulting firm History Associates Inc., sued the FDIC in June, accusing the agency of trying to sever ties between the crypto industry and the banking industry. The lawsuit also asks the FDIC to issue a "cease and desist letter." “I’ve spoken in the past about the destructive nature of this approach because it stifles innovation and leads to the public perception that if an institution is interested in anything related to blockchain or distributed ledger technology, the FDIC (FDIC) will cease operations.”