Tuesday, December 9

Browsing: FDIC

Blockchain

Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests on ETH

27 June 20241 Min Read

“We asked the SEC for documents about closed investigations to shed light on how the SEC views its…

Market

The White House Is Expected to Nominate Christy Goldsmith Romero as the Next FDIC Chair and Kristin Johnson for New Treasury Role

14 June 20241 Min Read

She is the sponsor of a Technology Advisory Committee that includes members stablecoin issuer Circle, blockchain analytics firm…

Blockchain

FDIC Faulted for Lack of Crypto Guidance to Banks

18 October 20231 Min Read

The Office of the Inspector General for the FDIC – an internal watchdog function within U.S. agencies –…

Market

New FDIC Crypto Warning Underlines U.S. Banking Agencies’ Arm’s-Length Policy

15 August 20231 Min Read

The report makes no new policy, and it adds to the consistent view from U.S. banking agencies –…

NFT

FDIC Highlights ‘Novel and Complex’ Crypto Risks in Annual Review

14 August 20233 Mins Read

Digital assets pose a unique risk to the financial stability of the United States, according to a report…

XLM

UPDATE 3-Wells Fargo expects to pay up to $1.8 billion to help refill FDIC fund

1 August 20232 Mins Read

(Updates with detail in paragraphs 1-2, background on buybacks and dividends in paragraph 10.)NEW YORK, Aug 1 (Reuters)…

Market

OKX-Affiliated OKCoin Accused by FDIC of Making False Claims About Customer Protections

16 June 20231 Min Read

The agency cited three examples of “false and misleading representations,” including a mention on its website that the…

DOT

Funds on payment platforms may not be FDIC insured, US regulators warn

5 June 20233 Mins Read

The United States Consumer Financial Protection Bureau (CFPD) has issued a public advisory warning users of mobile financial…

Mining

Money stored on mobile payment apps may not be FDIC insured, US watchdog warns

1 June 20232 Mins Read

Keep your money in an insured account, not on an uninsured payment app, the United States Consumer Financial…

Blockchain

FDIC Cites Poor Management, Contagion Risk as Reasons for Signature Bank’s Failure

28 April 20231 Min Read

Signature Bank, a crypto-friendly institution, fell apart because of mismanagement by its officers and “contagion effects” after the…

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