The U.S. Federal Deposit Insurance Corporation and Coinbase reached a June 6 settlement in a FOIA lawsuit over withheld crypto-related disclosures. As part of the agreement, the FDIC will cover legal fees for History Associates, a contractor hired by Coinbase, review its information release procedures, and make public “pause letters” advising banks to restrict or halt cryptocurrency services. This resolution includes reforms to align FDIC’s disclosure practices with federal transparency laws.