Tag: FDIC
US Watchdog Pushes FDIC to Take the Lead on Crypto Oversight
US GAO recommended FDIC collaborate with federal bodies to tackle blockchain technology risks GAO placed blockchain on High Risk List due to regulators’ difficulties supervising…
New CFTC Guidance Brings Stablecoins Deeper Into U.S. Finance
CFTC guidance now permits national trust banks to issue payment stablecoins for derivatives collateral use. Updated rules align stablecoins with the GENIUS Act and expand…
Trump Nominates Travis Hill as Permanent FDIC Chair
US President Donald Trump has nominated Travis Hill as the next FDIC chair, after highlighting his crypto-friendly stance. US President Donald Trump has officially nominated…
FDIC Allegedly Hid Crypto ‘Pause Letters’ in Coinbase Lawsuit
Coinbase accused the FDIC of redacting documents to conceal anti-crypto measures. Operation Choke Point 2.0 raises concerns regarding funding transparency. Coinbase Chief Legal Officer Paul…
Coinbase accuses FDIC of blocking access to key documents
Coinbase accuses FDIC of blocking key documents, raising concerns about transparency and legal compliance in its crypto investigation. Coinbase, a popular cryptocurrency exchange, has accused…
Coinbase Wins Key Legal Battle Against FDIC
Coinbase wins key legal victory against the FDIC, pushing for greater transparency and clearer crypto regulations, benefiting the industry. In a significant development, Coinbase has…
FDIC Goes After Crypto-Friendly Institution Cross River Bank
Cross River Bank (CRB) – a crypto-friendly financial institution stationed in New Jersey – has angered the Federal Deposit Insurance Corporation (FDIC). It’s claiming that…
