The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies …
FDIC
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The U.S. Government Accountability Office is pressing the FDIC to improve coordination around crypto and stablecoin risks, putting another spotlight on how …
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Analysis
Bank Insider Pins Blame on Elderly Customers After $39,950 Disappears From Their Accounts – Until the Security Footage Is Reviewed: FDIC
by shayaanby shayaanA US regulator says a former bank teller stole tens of thousands of dollars from two elderly customers and then tried to …
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Regulation
Stablecoins won’t get any kind of deposit insurance under GENIUS rules, says FDIC chief
by shayaanby shayaanStablecoin users won’t benefit from any government guarantee of their money when the new U.S. law is implemented to govern these tokens, …
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Regulation
US Critical Institution FDIC Loses a Cryptocurrency-Related Case! Here Are the Details
by shayaanby shayaanThe Federal Deposit Insurance Corporation (FDIC), an independent government agency operating under the federal government in the United States, lost a lawsuit …
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In brief The FDIC agreed to pay Coinbase $188,440 in legal fees and overhaul FOIA policies following a court ruling that found …
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According to the report, the Federal Deposit Insurance Corporation (FDIC) is preparing to revise its guidelines to enable banks to operate crypto-related …
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Regulation
FDIC to update crypto banking guidelines, releases documents on pause letters
by shayaanby shayaanThe Federal Deposit Insurance Corporation (FDIC) is preparing to revise its guidelines for banks engaging in crypto-related activities, Barrons reported on Feb. …
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Analysis
FDIC Unseals 175 Documents Exposing US Banks Debanking of Crypto Firms
by shayaanby shayaanThe Federal Insurance Deposit Corporation (FDIC) is unsealing hundreds of documents that expose how US institutions were instructed to be deprived of …
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Regulation
Coinbase Asks FDIC, OCC and Federal Reserve To Remove Hurdles for Banks To Partner With Crypto Firms: Report
by shayaanby shayaanCrypto exchange Coinbase is calling upon federal regulators to clarify rules allowing banks to offer digital asset services, challenging what it describes …