2024-12-22 19:18 |
Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities. origin »
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The Wall Street Journal reported that incoming President Donald Trump’s transition team is exploring plans to alter or potentially eliminate the Federal Deposit Insurance Corporation. According to sources that spoke to the WSJ, Trump’s advisers have questioned candidates for regulatory…
2024-12-14 18:33 | |
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Coinbase chief legal officer Paul Grewal has disclosed letters from the Federal Deposit Insurance Corporation (FDIC) to banks throughout 2022, urging them to halt or avoid crypto-related activities.
2024-12-8 22:02 | |
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Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance Corporation (FDIC) asked banks to “pause” or “refrain from providing” or “not proceed” with crypto-related banking services.
2024-11-4 19:00 | |
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A cryptocurrency exchange accused the US government of undermining the cryptocurrency sector orchestrating a campaign against digital currencies. Coinbase revealed that the US Federal Deposit Insurance Corporation (FDIC) has been employing tactics to dissuade financial institutions from engaging in crypto-related activities.
2024-11-3 01:00 | |
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Coinbase discovered over 20 instances where the Federal Deposit Insurance Corporation (FDIC) advised banks to avoid offering crypto-related services. The post Coinbase Exposes FDIC’s Guidance Against Crypto Banking appeared first on BeInCrypto.
2024-11-3 17:00 | |
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Coinbase filed two new Freedom of Information Act (FOIA) requests on Oct. 18, seeking regulatory clarity for crypto in the US. The new requests are directed at the Federal Deposit Insurance Corporation (FDIC) and were filed by History Associates Incorporated on behalf of the exchange.
2024-10-22 22:15 | |
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Coinbase has taken a bold step in its ongoing struggle with financial regulators. As Fox Business reported, the company has filed lawsuits against both the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) in a Washington, DC district court, seeking access to internal documents related to crypto regulation.
2024-6-27 16:15 | |
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The White House is expected to nominate Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation Chair media outlets have reported.
2024-6-14 17:24 | |
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A new assessment by the Federal Deposit Insurance Corporation (FDIC)’s Office of Inspector General has brought to light substantial gaps and deficiencies in its ability to provide clarity to member banks on policies and procedures regarding crypto activities.
2023-10-19 01:30 | |
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The Federal Deposit Insurance Corporation (FDIC) has issued a fresh warning to financial institutions about the increased and complex risks associated with crypto-related activities. In its 2023 risk review report released Monday, the agency said that crypto-assets “pose novel and complex risks to the U.
2023-8-22 22:42 | |
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In this year’s review, the FDIC evaluates the potential implications and challenges of integrating crypto activities into the traditional US banking framework. In its 2023 annual risk review, the US Federal Deposit Insurance Corporation (FDIC) dedicated a comprehensive section to…
2023-8-16 16:03 | |
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The Federal Deposit Insurance Corporation has warned that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks.
2023-8-15 06:04 | |
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Heartland Tri-State Bank of Elkhart was closed on July 29, with the Federal Deposit Insurance Corporation (FDIC) taking control.
2023-7-30 18:53 | |
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In a June 15, 2023 press release, the Federal Deposit Insurance Corporation (FDIC) alleged that the crypto exchange OKCoin USA Inc violated the Federal Deposit Insurance Act by making false and misleading statements regarding its insured status with the FDIC on its website and in a social media post. Through a cease and desist letter, […]
2023-6-20 23:12 | |
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Investment banking giant JPMorgan Chase will assume over $330 billion worth of deposits and assets of struggling First Republic Bank. According to a May 1 statement, the Federal Deposit Insurance Corporation (FDIC) said it was appointed as the receiver of the First Republic Bank after it was closed by California’s Department of Financial Protection and […] The post JPMorgan to takeover First Republic bank appeared first on CryptoSlate.
2023-5-1 13:18 | |
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The U. S. Federal Deposit Insurance Corporation (FDIC) investigation into the collapse of Signature Bank found that the root cause of its troubles was “poor management” and risky crypto deposits.
2023-4-29 00:27 | |
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Signature Bank’s crypto clients have been given a deadline to close down their accounts and move their deposits following the recent takeover of the bank. According to Bloomberg, the US Federal Deposit Insurance Corporation (FDIC) informed customers of the failed…
2023-3-29 14:39 | |
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The US Federal Deposit Insurance Corporation (FDIC) facilitates a purchase and assumption agreement between SVB and First Citizens Bank. The deal will enable the assets, loans, and deposits of SVB to be taken over by First Citizens Bank. Silicon Valley…
2023-3-27 14:45 | |
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First Citizens BancShares, the parent company of First Citizens Bank, has made a significant move in the world of banking by agreeing to acquire Silicon Valley Bank (SVB). The Federal Deposit Insurance Corporation (FDIC) confirmed the deal in a statement on Monday, as reported by Bloomberg.
2023-3-27 12:25 | |
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Federal Deposit Insurance Corporation says the 17 former branches of Silicon Valley Bank will re-open as First Citizens Bank & Trust Company on Monday, March 27.
2023-3-27 09:20 | |
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Flagstar Bank — a subsidiary of New York Community Bancorp, Inc — will acquire Signature Bank, as per a press release sent out by the Federal Deposit Insurance Corporation (FDIC) on March 19. The post Flagstar Bank acquires Signature Bank – without $4B of ‘digital banking’ deposits appeared first on CryptoSlate.
2023-3-20 12:20 | |
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The Federal Deposit Insurance Corporation denied it would require any purchaser of Signature Bank to divest its crypto activities.
2023-3-17 04:09 | |
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Amid the instability in the US banking sector, the United States Federal Deposit Insurance Corporation (FDIC) has reportedly now made a decision against the crypto industry. According to a report published on Wednesday evening, potential buyers of the crypto-friendly Signature bank can now submit their bids but with a major condition. The report said buyers of […]
2023-3-17 22:30 | |
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The federal deposit insurance corporation (FDIC) has demanded that the prospective buyer of New York-based Signature Bank relinquish all cryptocurrency operations.
2023-3-17 19:54 | |
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The Federal Deposit Insurance Corporation (FDIC) has reportedly asked banks interested in acquiring the shuttered New York institution to submit bids by Friday.
2023-3-16 07:43 | |
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Tom Emmer, Republican Congressman for Minnesota, wrote a letter to the Chairman of the Federal Deposit Insurance Corporation (FDIC), Mark Gruenberg, on March 15 expressing his concerns about the recent closures of digital asset and tech-centered banks like Silvergate, Signature Bank, and Silicon Valley Bank.
2023-3-16 02:04 | |
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The US Federal Deposit Insurance Corporation (FDIC) is looking to make another attempt at auctioning assets of collapsed Silicon Valley Bank (SVB) after failing to find a buyer the first time. According to the Wall Street Journal, the FDIC informed…
2023-3-14 14:14 | |
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A March 12, 2023, joint statement by the Department of the Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) advised that depositors for both the Signature Bank, New York and Silicon Valley Bank, Santa Clara, California, will have access to their money effective March 13, 2023. On March 13, 2023, the Bank of […]
2023-3-14 01:58 | |
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The number of banks in the U. S. under the Federal Deposit Insurance Corporation (FDIC) dabbling with crypto assets has continued to surge, indicating a strong demand for assets such as Bitcoin and Ether as well as crypto-related services.
2023-3-9 22:32 | |
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Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Federal Deposit Insurance Corporation (FDIC) to announce the bank had entered receivership after close of business Friday.
2023-3-8 02:52 | |
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The New York Department of Financial Services (NYDFS) is investigating Gemini over its claims related to Federal Deposit Insurance Corporation (FDIC) coverage, Axios reported on January 30. The post NYDFS investigating Gemini over FDIC-related claims appeared first on CryptoSlate.
2023-1-31 18:05 | |
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The US Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) warned banks about the risks involved with crypto in a joint statement on January 3.
2023-1-4 04:00 | |
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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 Federal Deposit Insurance Corporation has called upon FTX.US President Brett Harrison to take down a tweet suggesting that FTX.US was FDIC-insured. False and Misleading Statements FTX.US just ran afoul...
2022-8-20 23:15 | |
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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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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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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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Per a Reuters report, the Federal Deposit Insurance Corporation (FDIC) Chair Jelena McWilliams claims regulators in that country are exploring a “clear path” to allow banks and clients to hold Bitcoin and other cryptocurrencies.
2021-10-26 20:09 | |
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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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The Federal Deposit Insurance Corporation (FDIC) is ciscouraging people from withdrawing money from their banks. What are they trying to hide? The post FDIC’s Ridiculous Ad to Stop Bank Runs Is Sending the Opposite Signal appeared first on CCN.com
2020-3-25 17:53 | |
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The Federal Deposit Insurance Corporation (FDIC) has just issued an appeal for US savers to leave their money in their bank accounts. The message follows hints of a bank run as coronavirus-induced panic continues to spread.
2020-3-25 08:15 | |
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Square, a financial service and merchant aggregator, received a formal conditional approval from the Financial Depository Insurance Corporation (FDIC) to launch its bank, Square Financial Service. The bank is chartered as an Industrial Loa Company (ILC) with a prospective launch date in 2021 to be announced.
2020-3-19 18:00 | |
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The U. S. Federal Deposit Insurance Corporation (FDIC) has granted conditional approval for Square to function as an Industrial Loan Company (ILC). FDIC Grants Square’s Deposit Insurance Application According to a press release issued on Wednesday (March 18, 2020), the FDIC Board approved Square’s deposit insurance application to create a “de novo industrial bank.
2020-3-19 16:00 | |
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The U. S. branch of the largest crypto exchange in the world, Binance US, has recently announced that now its customers will be partially insured by the Federal Deposit Insurance Corporation (FDIC).
2019-10-19 18:25 | |
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All US Dollar deposits on Binance. US’s platform are now eligible for Federal Deposit Insurance Corporation [FDIC] insurance coverage. According to a blog post published on its official website, the United States-dedicated wing of Binance stated that all the US Dollar deposits are held in “pooled custodial accounts” at numerous banks that are FDIC insured.
2019-10-19 12:30 | |
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The Tron Foundation has meticulously worked on developing the Tron ecosystem, with recent updates lifting the community’s spirit. After releasing the Odyssey Update, Tron [TRX] has managed to rope in another stablecoin, TRXD, on its blockchain.
2019-6-22 14:00 | |
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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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Bullish Bitcoin options traders expect a hefty profit from Friday’s expiry now that Germany and Mt. Gox wallets have been emptied
$4 billion worth of Ethereum options are set to expire on June 28, with the balance of forces centered around $3,500.
Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?