FDIC
FDIC Still Unclear if USDF Stablecoin Is FDIC-Insurable
It is “too early to be answering questions about whether or not stablecoins are FDIC insurable,” a spokesperson told CoinDesk.
FinCEN, FDIC to Hold 'Tech Sprint' for Digital Identity Tools
The proliferation of scams, information leaks and synthetic identity fraud is presenting a major challenge to the online financial services industry, federal regulators said.
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 year and what this means for the Biden administration. Plus, De’s insights on how crypto will be a campaign issue for candidates going into the 2022 midterm elections.
Morgan Stanley Sees Crypto-Banking Regulation Arriving Faster Than Expected
The bank’s analysts say this is positive for crypto banks Silvergate and Signature.
US Regulators Plan to Define Legal Bank Activities Around Crypto in 2022
The interagency sprint team was composed of the OCC, FDIC and Fed.
Why Stablecoin Regulation Isn’t ‘Urgent’
The risks are real, but today’s report looks like a power grab.
US Regulators Weigh Avenues for Banks to Hold Crypto: Report
Comments from a top U.S. regulator demonstrate crypto’s prominent rise this year and a rush to contain particular aspects of the industry.
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 digital assets. CoinDesk’s Nikhilesh De discusses the latest on global policy and regulation. Plus, an update on the Biden Administration’s stablecoin report.
US FDIC Said to Be Studying Deposit Insurance for Stablecoins
So-called pass-through coverage would insure the holders of these tokens against losses up to $250,000 if the bank holding the collateral were to fail.
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 Provident Bank. This is the first time the crypto custody bank has extended ETH-backed loans through a traditional FDIC-insured bank. Diogo Mónica of Anchorage Digital explains how this works.