Online reported that on February 5, according to the FDIC's official website, the Federal Deposit Insurance Corporation (FDIC) released 175 documents today, covering the supervision of banks participating or attempting to participate in cryptography-related businesses. Acting Chairman Travis Hill said that the FDIC had previously announced 25 "suspension" letters received by 24 banks, and the documents released this time include more correspondence from these banks, as well as relevant communication records from other banks. The documents show that banks 'requests for crypto business generally encountered resistance, including repeated requests by regulators for additional information, long-term failure to respond or direct instructions to suspend all crypto and blockchain activities, resulting in most banks finally abandoning relevant attempts. Hill said the FDIC is re-evaluating the way it regulates crypto-related business and plans to replace the 2022 regulatory guidance (FIL 16-2022) to provide a compliance path for banks to engage in crypto-business while ensuring security and robustness. The FDIC will also participate in the presidential working group to coordinate with the January 23 presidential executive order on regulatory discussions on the digital asset market.