The acting chairman of the Federal Deposit Insurance Bureau, Travis Hill, has been nominated by President Donald Trump to take over the role more permanently, which would elevate an official who has leaned hard against the trend of debanking that plagued crypto insiders and their businesses.

Hill, a former staffer at the Senate Banking Committee, has sought to rethink the banking regulator's previous resistance to crypto banking and has opposed any past FDIC connection to debanking customers from industries — such as the digital assets sector — that banks may consider risky.

As with other financial agencies, the administration hasn't raced to fill board vacancies at the FDIC, leaving Hill alone among the dedicated directors, though the chiefs of the Office of the Comptroller of the Curre

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