Senator Cynthia Lummis sent letters to US authorities expressing her concerns over the plans to liquidate the 69,370 Bitcoins (BTC) tied to …
FDIC
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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. …
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Regulation
FDIC Wanted to Send Shockwaves Through Banks, According to Ripple’s Top Lawyer
by shayaanby shayaanStuart Alderoty, chief legal officer at Ripple, has opined that the Federal Deposit Insurance Corporation (FDIC) tried to send “shockwaves” throughout various …
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Scams
Pro-Crypto Lawyer Deaton Calls for Congressional Probe Into FDIC Activity
by shayaanby shayaanA redacted report detailing the Federal Deposit Insurance Corporation’s internal communications about crypto-related banking activities has reignited calls for accountability in U.S. …
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Regulation
Coinbase Obtains Unredacted FDIC Documents on Operation Chokepoint 2.0
by shayaanby shayaanIn a latest develoment, Coinbase Global Inc has obtained the unredacted files from the Federal Deposits Insurance Commission (FDIC) in its ongoing …
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Scams
FDIC Took Issue With Banks Using Public Blockchains Like Ethereum, FOIA Docs Reveal
by shayaanby shayaanAmerican banks seeking to offer customers services built on public blockchain networks appear to have been discouraged from doing so by the …
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Regulation
Coinbase shares unredacted FDIC letters urging banks to avoid offering basic Bitcoin services
by shayaanby shayaanCoinbase chief legal officer Paul Grewal shared documents revealing that the Federal Deposit Insurance Corporation (FDIC) urged banks to halt or avoid …