Tag: FDIC
US regulators FDIC and CFTC ease crypto restrictions for banks, derivatives
The Federal Deposit Insurance Corporation (FDIC) said in a March 28 letter that institutions under its oversight, including banks, can now engage in c [...]
FDIC moves to eradicate ‘reputational risk’ category from bank exams
The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the “reputational ri [...]
FDIC resists transparency on Operation Chokepoint 2.0 — Coinbase CLO
Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration w [...]
FDIC resists transparency on Operation Chokepoint 2.0 — Coinbase CLO
Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration w [...]
Crypt Banking Is Facing Strong Opposition, Says FDIC Report
Timothy St. John•Thursday, February 6, 2025•2 min read
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FDIC rule would make banks keep fintech customer data after Synapse debacle
Tsingha25 | Istock | Getty ImagesThe Federal Deposit Insurance Corporation on Tuesday proposed a new rule forcing banks to keep detailed records for c [...]
Americans caught in fintech’s false FDIC promise
Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11.Courtesy: Natasha [...]
Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests on ETH
"We asked the SEC for documents about closed investigations to shed light on how the SEC views its newfound, sweeping (and unlawful) authority," Coinb [...]
The White House Is Expected to Nominate Christy Goldsmith Romero as the Next FDIC Chair and Kristin Johnson for New Treasury Role
She is the sponsor of a Technology Advisory Committee that includes members stablecoin issuer Circle, blockchain analytics firm TRM Labs and Cryptocur [...]
The Solution for Stablecoin Regulation
The Solution for Stablecoin Regulation
www.coindesk.com [...]
Inspector General wants FDIC to refine crypto risk assessment process, guidance
The Inspector General’s Office (OIG) of the Federal Deposit Insurance Corporation (FDIC), the independent United States government body that provides [...]
FDIC Faulted for Lack of Crypto Guidance to Banks
The Office of the Inspector General for the FDIC – an internal watchdog function within U.S. agencies – studied the banking agency's performance when [...]
New FDIC Crypto Warning Underlines U.S. Banking Agencies’ Arm’s-Length Policy
The report makes no new policy, and it adds to the consistent view from U.S. banking agencies – including the Office of the Comptroller of the Currenc [...]
Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report
Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision, warns a leading U.S. [...]