According to the FDIC official website, the Federal Deposit Insurance Corporation (FDIC) released 175 documents today, involving the supervision of banks participating in or attempting to participate in encryption-related businesses. Acting Chairman Travis Hill said that the FDIC had previously released 25 "suspended" letters received by 24 banks, and the documents released this time include more correspondence between these banks and relevant communication records of other banks. The documents show that banks' requests for crypto business generally face resistance, including repeated requests from regulators for additional information, long-term failure to respond or direct instructions to suspend all encryption and blockchain activities, resulting in most banks eventually abandoning relevant attempts. Hill said that FDIC is reevaluating the regulatory approach of crypto-related businesses and plans to replace the regulatory guidelines for 2022 (FIL 16-2022) to provide a compliance path for banks to engage in crypto businesses while ensuring security and robustness. The FDIC will also participate in the Presidential Working Group to cooperate with the President's Executive Order on January 23 to discuss the regulatory discussion on the digital asset market.