Catalysis of the reaction: protein serine/threonine phosphate + H2O = protein serine/threonine + phosphate, dependent on the presence of calcium-bound calmodulin.
Synonyms:
exact_synonym:
calcium- and calmodulin-dependent protein phosphatase activity; calcium/calmodulin-dependent protein phosphatase activity
narrow_synonym:
calcineurin activity
related_synonym:
Ca2+/CaM-dependent protein phosphatase activity
xref:
reactome:R-HSA-2730849 "Calcineurin binds and dephosphorylates NFAT"; reactome:R-HSA-4551451 "Calcineurin binds and dephosphorylates NFAT1 in response to WNT/Ca2+ signaling"