unfair or deceptive acts or practices, as defined in section 5(a)(4) of the Federal Trade Commission Act ( 15 U.S.C. 45(a)(4) ). (d) Insured depository institution savings clause Nothing in this Act shall be construed to limit the authority of an insured depository institution (as defined in section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 )) to engage in activities permissible pursuant to applicable State and Federal law, including accepting or receiving deposits and issuing crypto assets that represent, and have the same legal standing as, deposits, or to limit the authority of the Federal banking agencies to interpret or establish limitations and conditions on such activities. 14. Accounting treatment of custodial assets Crypto assets properly held in a custodial account shall not be considered assets or liabilities of the custodian for any purpose and shall be maintained on an off-balance sheet basis, including for the purpose of accounting treatment for the custodian, notwithstanding the form in which the assets are maintained, and for the purposes of the capital calculations of depository institutions and all other financial institutions. 15. Effective date