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Federal Deposit Insurance Corporation
OKCoin Accused by FDIC of Making False Claims About Customer Protections
The U.S. banking agency demanded the exchange halt “misleading representations” of backing from FDIC insurance.
FDIC Chairman Testifies on SVB, Signature Bank Failures
Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg testifies before the Senate Banking Committee on the failures of Signature Bank and Silicon Valley Bank.
Bitcoin Emerges as Safe Haven as Traditional Finance Faces Turmoil
Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat.
US Federal Reserve, Other Agencies Continue to Warn Banks About Crypto
U.S. banking regulators argue that the past year of crypto drama underscores the need to keep banks at an arm’s length from the industry.
Lawmaker Concerned Over FDIC 'Improperly' Pushing Banks to Avoid Serving Crypto Companies
The Federal Deposit Insurance Corporation (FDIC) may be leaning on banks to prevent them from providing services to cryptocurrency companies, U.S. Sen. Pat Toomey (R-Pa.) said Tuesday, citing communications he had received. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
US Regulators Exploring How Banks Could Hold Crypto Assets
According to Federal Deposit Insurance Corporation (FDIC) Chairwoman Jelena McWilliams, a group of U.S. regulators are reportedly exploring how banks could hold and deal with digital assets. CoinDesk’s Nikhilesh De discusses the latest on global policy and regulation. Plus, an update on the Biden Administration’s stablecoin report.
FDIC Chief Says Agency Wants to Know More About Digital Assets
The Federal Deposit Insurance Corporation (FDIC), one of the federal banking regulators in the U.S., is looking into how banks are exploring digital currencies. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De on the main takeaways. Plus, reactions to Senator Cynthia Lummis proposing making distributed ledgers a "key focus."