The 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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FDIC
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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 …
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Regulation
Senator Lummis urges halt to Silk Road Bitcoin sale, demands FDIC accountability on crypto records
by shayaanby shayaanSenator Cynthia Lummis sent letters to US authorities expressing her concerns over the plans to liquidate the 69,370 Bitcoins (BTC) tied to …
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Regulation
FDIC Vice Chairman Calls for Clear and Transparent Crypto Regulation Following Trump Inauguration
by shayaanby shayaanThe vice chairman of the Federal Deposit Insurance Corporation says the regulator needs a “new direction” – and that he expects it …
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Regulation
FDIC interim chair calls crypto debanking ‘unacceptable’ amid concerns over Operation Chokepoint 2.0
by shayaanby shayaanFederal Deposit Insurance Corporation (FDIC) interim Chair Travis Hill acknowledged the agency’s role in “debanking” crypto firms during a speech in St. …