2024-6-28 15:58 |
Coinbase sued the SEC and FDIC, accusing the agencies of denying information requests and coordinating efforts to restrict the crypto industry's access to banking services. origin »
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The FDIC's removal of "reputational risk" from its supervision guidelines signals a shift in favor of the crypto industry, following political and legislative pressure. The post FDIC Changes Rule That Powered Crypto Debanking, Pre-Empting Legislation appeared first on BeInCrypto.
2025-3-26 21:08 | |
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Senate Banking Committee Chairman Sherrod Brown and several other lawmakers called on the heads of the OCC, FDIC and Fed to review fintch firm SoFi's crypto activities.
2022-11-22 23:49 | |
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With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed banks must cautiously engage in crypto-asset activities.
2022-11-17 12:11 | |
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President Joe Biden has chosen to nominate Federal Deposit Insurance Corp. (FDIC) Acting Chairman Martin Gruenberg to return to the chairmanship he held in previous administrations. The FDIC will have a key role in how crypto will mesh with the U.
2022-11-15 01:27 | |
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The US Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five crypto firms for allegedly misleading customers about its workings or their affiliation. According to a Friday statement, the agency accused FTX.
2022-8-24 22:53 | |
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FTX US received a cease-and-desist warning from the United States Federal Deposit Insurance Corporation on Friday, telling the crypto exchange to stop issuing “false” statements and “misleading” consumers about the insurance status of their products.
2022-8-22 19:10 | |
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The government agency had previously stated that deposits at non-bank entities, including crypto firms, are not covered by FDIC insurance.
2022-8-22 23:44 | |
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The FDIC published five cease-and-desist orders Friday, including to FTX.US, alleging they mislead investors by suggesting they had coverage from the deposit insurance provider.
2022-8-20 21:07 | |
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Sen. Pat Toomey says he has information from whistleblowers that the FDIC, without a legal basis, is discouraging banks from dealing with companies that have crypto links.
2022-8-18 00:56 | |
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U.S. Sen. Pat Toomey said whistleblowers had informed him that the FDIC was pressuring banks to stop providing services to crypto companies.
2022-8-17 09:42 | |
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Liquidity troubles at the US-based cryptocurrency brokerage firm Digital Voyager led to the suspension of trading activities on its platforms in July 2022. The liquidity crisis arose from the Singapore-based crypto hedge fund, Three Arrows Capital (3AC), which failed to repay a loan of about US$650 million to Voyager Digital. Voyager Digital later made various […]
2022-8-6 21:07 | |
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Warren’s letter urges OCC to collaborate with Fed and FDIC to develop an alternative cryptocurrency approach “that adequately protects consumers and the safety and soundness of the banking system.”
2022-8-5 13:31 | |
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The Federal Deposit Insurance Corporation (FDIC) issued a new advisory note on July 29 to restate that it does not insure digital assets. The post FDIC Reiterates That It Does Not Insure Crypto appeared first on BeInCrypto.
2022-7-31 16:45 | |
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The FDIC says the public should note that deposit insurance does not cover non-bank…
The post FDIC says deposit insurance does not apply to crypto appeared first on CoinJournal.
2022-7-30 01:39 | |
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The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies.
2022-7-30 00:00 | |
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The day after demanding Voyager Digital erase its claims that customers’ funds would get government protections, the U.S. Federal Deposit Insurance Corp. issued a broader warning to bankers that they need to keep their crypto partners in line.
2022-7-30 19:04 | |
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Former FDIC Chief Innovation Officer Sultan Meghji joined CoinDesk TV’s “First Mover” to discuss why crypto investors today can rely on “frankly, nothing.”
2022-7-13 19:26 | |
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The Wall Street Journal reported Thursday that the FDIC was taking a look at marketing by crypto broker Voyager that it was protected by FDIC insurance.
2022-7-8 21:20 | |
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The Federal Deposit Insurance Corp. is advising banks to contact it if they are currently engaged in or intend to engage in cryptocurrency-related activities. The FDIC notes that exposure to crypto assets may pose “safety and soundness hazards, as well as financial stability problems.
2022-4-8 11:10 | |
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A top U.S. banking regulator has asked banks to report on their “crypto-related activities,” citing potential “safety and soundness risks as well as financial stability concerns” resulting from exposure to crypto assets.
2022-4-8 01:10 | |
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The U.S. bank insurer has concerns over the ability of the institutions it supervises to assess crypto risks adequately, and it’s none too sure about its own abilities.
2022-4-8 00:25 | |
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The FDIC plans to make cryptocurrency a top priority in 2022. The body is calling for a regulatory framework guiding crypto interaction with traditional finance. Regulations are imminent for the nascent market in 2022.
2022-2-14 19:34 | |
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Federal Deposit Insurance Corporation (FDIC) Acting Chairman Martin J. Gruenberg announced the key priorities for the year ahead. Among other pressing issues that were included in the 2022 agenda, theThe post FDIC Acting Chairman prioritizes crypto in 2022, here's what might be coming appeared first on AMBCrypto.
2022-2-8 23:30 | |
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Meanwhile, Binance CEO CZ says as much as 97% of its users go through KYC and that regions like Singapore, France, and Dubai “understand the importance of attracting crypto businesses.” The post Banking Watchdog Warns of Highly Cautious Approach to Crypto from OCC, Fed, and FDIC first appeared on BitcoinExchangeGuide.
2021-11-18 17:13 | |
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FDIC Chairman says regulators are trying to chart a course for banks and financial institutions to hold cryptocurrencies. The statement is hinged on a collaboration between three top US financial regulators.
2021-10-29 12:19 | |
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On Tuesday, the Chairperson of the US Federal Deposit Insurance Corporation, Jelena McWilliams, said that… The post FDIC exploring the possibility of letting banks hold crypto appeared first on Coin Journal.
2021-10-27 17:37 | |
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An interagency team of U. S. banks regulators, namely the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the Office of the Comptroller of the Currency, are putting their heads together to come up with a regulatory roadmap for banks to incorporate cryptocurrencies into their service offerings.
2021-10-27 23:02 | |
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U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull together views on” crypto regulation. US Agencies Collaborating […]
2021-5-26 17:00 | |
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Joint Task Force On Crypto According to the Treasury Secretary Janet Yellen appointee, a combination of the OCC, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) may soon end cryptocurrencies' regulatory uncertainty.
2021-5-20 19:10 | |
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Cryptoasset prime dealer and trading platform SFOX revealed that they have partnered with the New York-based M. Y. Safra Bank to offer its trader with deposit accounts insured by Federal Deposit Insurance Corp.
2019-5-15 15:20 | |
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SFOX crypto traders will now have access to insurance through the U.S. government’s Federal Deposit Insurance Corporation (FDIC) worth up to $250,000
2019-5-15 12:41 | |
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Coinspeaker SFOX Partners M. Y. Safra Bank to Offer Segregated, FDIC-Insured Bank AccountsSan Francisco-based cryptocurrency prime brokerage, SFOX, partnered with the century-old New York-based M.
2019-5-15 12:36 | |
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By CCN: Crypto mass adoption hopefuls rejoice. FDIC protection is here. Cryptocurrency prime dealer SFOX is partnering with M. Y. Safra Bank of New York to offer traders and investors deposit accounts backed by the Federal Deposit Insurance Corp.
2019-5-15 01:15 | |
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CryptoNinjas SFOX, a crypto asset prime dealer and trade platform, announced today a new relationship with M. Y. Safra Bank to provide its traders with access to FDIC-insured deposit accounts to securely hold their funds.
2019-5-14 18:01 | |
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Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina.
2018-11-15 17:45 | |
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Cryptocurrency exchanges are still unregulated, though many go to great lengths to operate ethically. Digital assets as of now are not yet insured by organizations such as the FDIC, meaning if you lose your crypto, it could be gone for good.
2018-10-10 07:00 | |
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San Francisco based crypto trading and investment platform, Omniex, has bolstered its leadership advisory team with the addition of former Securities and Exchange Commission (SEC) chairman Arthur Levitt and ex-Federal Deposit Insurance Corporation (FDIC) chair Sheila Blair, according to a press release on August 7.
2018-8-9 08:00 | |
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Omniex, which is a crypto trading platform focused on institutional investors, has recently called two high profile US financial regulators for its board of advisors. They are the former US Securities and Exchange Commision (SEC) chairman, Arthur Levitt and Sheila Bair, which was the chair of the Federal Deposit Insurance Corp (FDIC). The company has […]
2018-8-8 11:38 | |
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Crypto-oriented firm Omniex, which provides an investment and trade platform for institutional clients, added former heads of the SEC and FDIC to its team of advisors.
2018-8-8 09:23 | |
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Institution-oriented crypto trading platform Omniex expands its board of advisors with former SEC and FDIC execs
2018-8-8 00:44 | |
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Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.
2018-7-18 22:00 | |
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The latest attempt to create a crypto pegged to the U.S. dollar, or stablecoin, combines 21st-century technology with an invention from the 1930s.
2018-7-17 14:00 | |
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Sheila Bair, a former chairperson of the Federal Deposit Insurance Corporation (FDIC), believes the U.S. should create a wholly new regulatory framework for cryptocurrencies. She went on to explain: “We are trying to jam crypto trading into state money transmission laws, it just doesn’t work. I think at some point, we will need a federal
2018-6-22 02:29 | |
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Former FDIC chair Sheila Bair thinks the U.S. needs to create an entirely new regulatory framework for cryptocurrencies.
2018-6-21 22:01 | |
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Coinbase has secured an Australian financial services license and plans to deepen its presence in Australia, expanding into futures, options, stock trading, payments, and other traditional finance products.
Coinbase (COIN) faces a critical test at its $146 support level as technical indicators and shifting regulatory trends prepare the market for a major move.
As Coinbase rejects a new Clarity Act draft that prohibits passive stablecoin yield, some experts warn the approach amounts to “protectionism” against crypto’s biggest competitive threat. The post Coinbase Rejects Stablecoin Yield Ban in New Clarity Act Draft as Experts Weigh In appeared first on DeFi Rate.
Better and Coinbase plan a Fannie Mae-backed mortgage product that would let some US homebuyers use crypto holdings as collateral for loans.
Coinbase has launched stock perpetual futures for eligible non-U.S. traders, offering 24/7 leveraged exposure to major U.S. stocks and ETFs.
Coinbase review: 120M users, S&P 500 company, $516B in assets. We cover fees, security, features & verdict — is Coinbase right for you?
Chainlink has enabled Coinbase cbBTC bridging to Monad, unlocking over $5B in Bitcoin-backed liquidity for decentralized finance applications. Chainlink (LINK) is now supporting the bridging of Coinbase Wrapped BTC from Base to Monad using its Cross-Chain Interoperability Protocol.