The board of the Federal Deposit Insurance Corporation (FDIC) is preparing to discuss rules that may significantly influence cryptocurrency enterprises amidst ongoing accusations of debanking.

During a meeting notice dated Thursday, the FDIC announced it would evaluate potential guidelines regarding the prohibition on regulators using perceived reputation risks. Although the agenda did not directly address the debanking issues linked to digital assets, acting FDIC chair Travis Hill has criticized the practice of regulators employing reputation risk to hinder banks from conducting crypto-related activities, including facilitating customer transactions to exchanges.

In a recent executive order aimed at “ensuring fair banking,” Donald Trump expressed concerns about the misuse of reputation risk by regulators, warning that such practices could lead to politically motivated or unlawful debanking. He did not specifically mention digital assets in this directive.

Prior to the Trump administration, many voices from the cryptocurrency sector claimed that they were systematically denied access to traditional banking services due to their affiliation with digital currencies. Documents revealed through a Freedom of Information Act request indicated that the FDIC advised banks to halt all crypto-associated activities last year.

This situation, termed “Operation Chokepoint 2.0” by some, became a contentious topic during both the 2024 election and Trump’s subsequent victory, which led to a commitment from the FDIC to reexamine its approach to cryptocurrency oversight.

As the situation evolves, Cointelegraph requested a statement from the FDIC but had not received an update prior to this article’s publication.

In other news, a government shutdown commenced in the US Tuesday night following a failure to pass a funding extension bill. While the shutdown has impacted several financial regulatory agencies, the FDIC has confirmed it will continue its operations uninterrupted regardless of the ongoing political stalemate.