FDIC

FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims
FDIC Orders Crypto Exchange FTX US, 4 Others to Cease ‘Misleading’ Claims
The U.S. Federal Deposit Insurance Corp. (FDIC) published five cease-and-desist orders last Friday, including one to crypto exchange FTX US, alleging it mislead investors by s...
FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims

Celsius Now Likely Has Enough Cash to Last Through Year End; FDIC Orders FTX US, Others to Cease 'Misleading' Claims
Celsius Now Likely Has Enough Cash to Last Through Year End; FDIC Orders FTX US, Others to Cease ‘Misleading’ Claims
With funds coming from maturing loans and tax savings, Celsius now likely has enough cash to last through the end of 2022. Plus, the FDIC orders FTX US and four other companie...
Celsius Now Likely Has Enough Cash to Last Through Year End; FDIC Orders FTX US, Others to Cease 'Misleading' Claims

Lawmaker Concerned Over FDIC 'Improperly' Pushing Banks to Avoid Serving Crypto Companies
Lawmaker Concerned Over FDIC ‘Improperly’ Pushing Banks to Avoid Serving Crypto Companies
The Federal Deposit Insurance Corporation (FDIC) may be leaning on banks to prevent them from providing services to cryptocurrency companies, U.S. Sen. Pat Toomey (R-Pa.) said...
Lawmaker Concerned Over FDIC 'Improperly' Pushing Banks to Avoid Serving Crypto Companies

Fmr FDIC Exec: Crypto Investors Can Rely on 'Frankly Nothing' in Current Regulatory Environment
Fmr FDIC Exec: Crypto Investors Can Rely on ‘Frankly Nothing’ in Current Regulatory Environment
The Federal Deposit Insurance Corporation (FDIC) is looking into claims by crypto broker Voyager that its customer accounts were protected by the agency in the event of collap...
Fmr FDIC Exec: Crypto Investors Can Rely on 'Frankly Nothing' in Current Regulatory Environment

FDIC Chair Jelena McWilliams Announces Surprise Resignation
FDIC Chair Jelena McWilliams Announces Surprise Resignation
CoinDesk Managing Editor for Global Policy & Regulation Nikhilesh De shares an overview of FDIC Chair Jelena Williams’ surprise resignation announcement for February of this y...
FDIC Chair Jelena McWilliams Announces Surprise Resignation

US Regulators Exploring How Banks Could Hold Crypto Assets
US Regulators Exploring How Banks Could Hold Crypto Assets
According to Federal Deposit Insurance Corporation (FDIC) Chairwoman Jelena McWilliams, a group of U.S. regulators are reportedly exploring how banks could hold and deal with...
US Regulators Exploring How Banks Could Hold Crypto Assets

Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv
Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv
Digital asset platform Anchorage Digital is expanding its lending service with ethereum-backed loans through BankProv, a traditional Massachusetts-based bank formally known as...
Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv

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OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto
"Prior to this meeting, Vice Chair Quarles, Chair McWilliams and I had talked about potentially putting together an interagency policy sprint team just on crypto because of ex...
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State of Crypto: Meet Lael Brainard, the Fed's CBDC Champion
Last year, Federal Reserve Governor Lael Brainard announced the Boston branch of the U.S. central bank was exploring a digital dollar. She’ll be speaking next week at Consensu...
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FDIC Chief Says Agency Wants to Know More About Digital Assets
FDIC Chief Says Agency Wants to Know More About Digital Assets
The Federal Deposit Insurance Corporation (FDIC), one of the federal banking regulators in the U.S., is looking into how banks are exploring digital currencies. CoinDesk Globa...
FDIC Chief Says Agency Wants to Know More About Digital Assets