FDIC
Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises
How does the FTX fallout resemble the history of bank runs?
White House Goes Back to the Future With FDIC Chair Pick Gruenberg
The Biden Administration has nominated Martin Gruenberg, the longest-serving FDIC board member in history, to return to the chairmanship he held under Obama.
Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief
Acting FDIC head Martin Gruenberg argues that stablecoins need to mesh with regulated banking as well as the Fed’s real-time payments system and any future U.S. CBDC.
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 suggesting their accounts are insured through the government agency. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details.
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 companies to cease 'misleading' claims.
FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims
The five companies "made false representations" suggesting crypto products might be FDIC-insured.
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 Tuesday, citing communications he had received. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says
Sen. Pat Toomey said whistleblowers had informed him the FDIC was pressuring banks to stop providing services to crypto companies.
Crypto Investors Can Rely on ‘Frankly Nothing’ in Current Regulatory Environment, Says Former FDIC Official
Chief Innovation Officer Sultan Meghji joined CoinDesk TV’s “First Mover” to discuss why crypto investors can rely on “frankly, nothing.”
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 collapse. Former FDIC Chief Innovation Officer Sultan Meghji discusses the scrutiny as Three Arrows creditors get an emergency hearing.