Okay, here’s a more natural and engaging rewrite of the text, keeping all HTML tags and original intent intact:

<div data-td-block-uid="tdi_61"> <div class="tdb-block-inner td-fix-index">
  <p class="nitro-lazy">Exciting news for banks exploring the world of crypto! The Federal Deposit Insurance Corporation (FDIC) has <a href="https://www.fdic.gov/news/press-releases/2025/fdic-clarifies-process-banks-engage-crypto-related-activities" target="_blank" rel="noopener">just announced a significant change</a>.  They're now giving banks they oversee the go-ahead to engage in bitcoin and other crypto activities without needing to ask for permission beforehand. This marks a big shift, essentially reversing a more restrictive approach put in place under the Biden administration.</p>
 <p>So, what does this mean in practice? According to their statement on March 28th, the FDIC is signaling that banks can now offer crypto-related services – things like holding crypto for customers (custody) and facilitating crypto trading. Of course, they emphasize that banks need to have strong plans in place to manage any potential risks.  The agency also mentioned they're actively working on updating their crypto regulations, aiming to replace older rules with more current guidance.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"/>
 <p>This policy update comes in the form of a new "Financial Institution Letter," and it specifically rolls back previous rules from 2022. Those earlier rules required banks to jump through hoops and get FDIC approval before dealing with bitcoin and crypto assets.  Let's just say, that created a lot of frustration in the banking world.</p>
 <p>By getting rid of this pre-approval requirement, the FDIC is essentially making it easier for banks they supervise to dip their toes into the crypto space and see what's possible. It opens the door for more experimentation within this evolving market.  However, it's worth noting that getting the final okay for certain crypto activities will still involve coordination with other regulatory agencies.</p>
 <p>FDIC Acting Chairman Travis Hill didn't mince words, calling this move "one of several steps" towards a fresh, security-focused, and more welcoming approach to crypto.  He stated plainly, "The FDIC is turning the page on the flawed approach of the past three years."  Looking ahead, we can expect even more guidance from the agency as they continue to consult with the President’s Working Group on digital assets.</p>
 <p>Interestingly, even with the previous regulatory uncertainties, some major banks have already started offering bitcoin and crypto services.  This move by the FDIC to provide clearer rules could pave the way for even more banks to jump into the crypto arena.</p>
 </div></div>

Source: bitcoinmagazine.com