BlackRock, Inc., an American multinational investment company, and the Federal Deposit Insurance Corp. (FDIC) are addressing a dispute over the asset manager’s …
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FDIC
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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 …
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Regulation
Coinbase Chief Legal Officer Accuses FDIC of Deceit, Says Agency Stonewalling FOIA Requests
by shayaanby shayaanCoinbase’s chief legal officer Paul Grewal is accusing the Federal Deposit Insurance Corporation (FDIC) of stonewalling the top US-based crypto exchange’s request …
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Regulation
Coinbase Accuses FDIC of Withholding Key Documents on Crypto Oversight
by shayaanby shayaanCoinbase has accused the Federal Deposit Insurance Corporation (FDIC) of blocking access to crucial documents tied to its Freedom of Information Act …
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Regulation
US Banking Regulator FDIC Hits Bank With $20,448,000 Penalty – About a Quarter of the Lender’s Total Assets
by shayaanby shayaanThe Federal Deposit Insurance Corporation (FDIC) is penalizing a Weir, Kansas-based bank with a monetary fine equal to over a quarter of …
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Regulation
Whistleblowers Allege FDIC Officials Are Destroying Documents Related to Operation Chokepoint 2.0: Senator Lummis
by shayaanby shayaanU.S. Senator Cynthia Lummis (R-WY) wants the Federal Deposit Insurance Corporation (FDIC) to secure materials that could be related to the US …
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Smart Contracts
Sen. Cynthia Lummis Accuses FDIC of Crypto Oversight Misconduct, Demands Accountability
by shayaanby shayaanU.S. Senator Cynthia Lummis (R-WY) has issued a scathing rebuke to the Federal Deposit Insurance Corporation (FDIC), alleging misconduct in the agency’s …