Crypto Prime Dealer SFOX Partners With New York Bank to Offer New FDIC Protection

2019-5-15 12:41

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

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Источник: cointelegraph.com

fdic new → Результатов: 16

SFOX Partners M.Y. Safra Bank to Offer Segregated, FDIC-Insured Bank Accounts

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	tZERO
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Game Changer? Crypto Prime Dealer Unveils FDIC-Insured Accounts

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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Crypto prime dealer SFOX to offer FDIC-insured accounts with M.Y. Safra Bank

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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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future

Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.

2019-5-13 16:37	Investing
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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies

The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses.

2018-12-3 19:48	blockchain
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AriseBank CEO Charged in $4 Million Alleged ICO Scam

Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud.

2018-11-30 23:03	Law & justice
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OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin America

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	Investing
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Bitcoin exchange Gemini secures insurance for client “hot” assets

CryptoNinjas Bitcoin and digital asset exchange Gemini today announced that the company has secured insurance coverage for the digital assets that it holds on behalf of clients that are stored in hot wallets (i.

2018-10-3 18:06	Gemini
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Omniex Crypto Trading and Investment Platform Welcomes Former SEC and FDIC Chairs to its Team

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	trading
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FDIC-rypto? IBM, Stronghold to Launch First Insured Stablecoin

IBM has partnered with fintech startup Stronghold to launch a stablecoin pegged to the US Dollar. The cryptocurrency will be tied to government-backed fiat deposited at banks covered by the Federal Deposit Insurance Corp (FDIC).

2018-7-18 15:00	Tether
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Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar

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	Investing
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Square Confirms Withdrawn Application to the FDIC

On July 5, it was confirmed that Square Inc. had withdrawn its application to open a new depository bank, but said it will refile later this year with the Federal Deposit Insurance Corp. However, its application with the Utah Department of Financial Institutions remains active.

2018-7-6 13:00	Square
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Sheila Bair, former chairperson of the Federal Deposit Insurance Corporation, is open to new rules for digital currency

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	trading
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Ex-FDIC Chair Bair: 'I Welcome' New Rules for Crypto

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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