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Signature Bank to return crypto deposits to customers directly
On March 20, 2023, the Federal Deposit Insurance Corp. announced that Signature Bank’s related deposits would be returned directly to the customers, contrary to the notion that the New York Community Bancorp would handle them. The Federal Deposit Insurance Corp.… дальше »
2023-3-21 22:35 | |
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Flagstar Bank acquires Signature Bank – without $4B of ‘digital banking’ deposits
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. дальше »
2023-3-20 12:20 | |
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Signature Bank Buyers Have To Give Up All Crypto Businesses, Says FDIC
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 […] дальше »
2023-3-17 22:30 | |
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Congressman Emmer attacks FDIC for ‘weaponizing’ bank closures to attack crypto
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. дальше »
2023-3-16 02:04 | |
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FDIC plans second SVB auction after first failed attempt
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… дальше »
2023-3-14 14:14 | |
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Prompt Regulator Action And Stablecoin Issuer Assurances See USDC Repeg
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 […] дальше »
2023-3-14 01:58 | |
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Over 130 US Banks Have Ongoing or Planned Crypto Assets Activities
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. дальше »
2023-3-9 22:32 | |
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Crypto Bank Silvergate Announces 'Voluntary Liquidation'
The Federal Deposit Insurance Corporation has taken over Silvergate Bank, which saw prominent customers abandon it and its stock price plunge after revealing it faced regulatory scrutiny and had to sell assets to pay off loans. дальше »
2023-3-9 00:41 | |
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Silvergate turns to US congress agency for help
Silvergate Capital is reportedly holding talks with the US Federal Deposit Insurance Commission (FDIC) to get ideas on remaining afloat as its financial woes worsen. Silvergate Capital, one of the numerous victims of the disgraced Sam Bankman-Fried’s FTX exchange collapse,… дальше »
2023-3-8 14:03 | |
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Silvergate's Collapse May Spell Regulatory Trouble for Crypto
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. дальше »
2023-3-8 02:52 | |
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Bitcoin Attracting Banks: Study Shows Over 130 US Banks Are Exploring Crypto
In response to growing consumer demand for bitcoin and other cryptocurrency-related services, an increasing number of banks in the United States under the umbrella of the Federal Deposit Insurance Corporation are exploring the digital currency space. дальше »
2023-2-24 08:51 | |
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US federal regulators warn banks of crypto-related liquidity risks
Three United States federal regulators have issued a warning to banks about crypto-related liquidity risks The warning relates to volatility in deposit inflows and outflows related to crypto-enThe post US federal regulators warn banks of crypto-related liquidity risks appeared first on AMBCrypto. дальше »
2023-2-24 19:20 | |
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NYDFS investigating Gemini over FDIC-related claims
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. дальше »
2023-1-31 18:05 | |
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US Federal Reserve, FDIC warn banks against crypto risks
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. дальше »
2023-1-4 04:00 | |
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White House Goes Back to the Future With FDIC Chair Pick Gruenberg
President Joe Biden has chosen to nominate Federal Deposit Insurance Corp. (FDIC) Acting Chairman Martin Gruenberg to return to the chairmanship he held in previous administrations. The FDIC will have a key role in how crypto will mesh with the U. дальше »
2022-11-15 01:27 | |
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Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief
Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require that the digital tokens fit in without disrupting it, said Martin Gruenberg, the acting chairman of the Federal Deposit Insurance Corp. дальше »
2022-10-21 17:00 | |
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US Federal Deposit Insurance Corporation Warns 5 Crypto Firms Against Misleading Customers
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. дальше »
2022-8-24 22:53 | |
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FTX Is Spreading False Statements About Crypto Products, FDIC Says
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. дальше »
2022-8-22 19:10 | |
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FDIC sends 5 companies, including FTX.US, cease and desist letters for making false statements about deposit insurance
The Federal Deposit Insurance Corp. The post FDIC sends 5 companies, including FTX.US, cease and desist letters for making false statements about deposit insurance appeared first on CryptoSlate. дальше »
2022-8-20 22:53 | |
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FDIC Reiterates That It Does Not Insure Crypto
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. дальше »
2022-7-31 16:45 | |
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Voyager Digital’s Clash With US Regulators Followed by Broader FDIC Warning
The day after demanding Voyager Digital erase its claims that customers’ funds would get government protections, the U.S. Federal Deposit Insurance Corp. issued a broader warning to bankers that they need to keep their crypto partners in line. дальше »
2022-7-30 19:04 | |
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US watchdogs order Voyager Digital to stop making misleading insurance claims
The United States Federal Reserve (FED) and Federal Deposit Insurance Corp (FDIC) have ordered Voyager Digital to desist from making false and misleading claims about its insurance status to customers. дальше »
2022-7-29 17:00 | |
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FDIC Wants All US Banks To Report Crypto-Related Activities, Citing ‘Safety Hazards’
The Federal Deposit Insurance Corp. is advising banks to contact it if they are currently engaged in or intend to engage in cryptocurrency-related activities. The FDIC notes that exposure to crypto assets may pose “safety and soundness hazards, as well as financial stability problems. дальше »
2022-4-8 11:10 | |
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FDIC Acting Chairman prioritizes crypto in 2022, here's what might be coming
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. дальше »
2022-2-8 23:30 | |
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US federal deposit insurer lists “crypto-asset risks” among its top priorities for the year
FDIC's acting chairman stated that the work on crypto-related guidance for U.S. banks is underway.
дальше »2022-2-8 19:15 | |
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U.S. regulatory agencies release joint report on 'potential crypto-asset activities' of banking organizations
"Policy sprints" Three major US agencies--Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency-- released a joint statement recently. It listed crypto The post U. дальше »
2021-11-25 22:00 | |
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Biden Administration Releases Report on Stable Coin Regulation
Report with regulatory oversight implications for stablecoins and DeFi has been released by the President’s Working Group on Financial Markets, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency. дальше »
2021-11-2 21:20 | |
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FDIC exploring the possibility of letting banks hold crypto
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. дальше »
2021-10-27 17:37 | |
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Top US Bank Regulator Coordinating with The Fed and OCC to Have Clear Policy to Hold Crypto on Balance Sheet
The Federal Deposit Insurance Corporation has its eyes set on cryptocurrencies. A team of U. S. bank regulators will be teaming with other agencies to coordinate policies for how and under what circumstances banks can engage in activities involving crypto. дальше »
2021-10-27 16:02 | |
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U.S. Regulators Investigating Role That Banks Could Play in Crypto Industry
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. дальше »
2021-10-27 23:02 | |
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Breaking: U.S. Regulators Exploring How To Allow Banks To Hold Bitcoin
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. дальше »
2021-10-26 20:09 | |
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US Banking Regulator FDIC Is Looking into Stablecoins’ Eligibility for its Deposit Insurance
The Federal Deposit Insurance Corp. (FDIC) is studying whether certain stablecoins might be eligible for its coverage. The discussions are only in the preliminary stage yet, reported CoinDesk citing five people familiar with the knowledge. дальше »
2021-10-7 17:11 | |
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FBI Seizes 800 Beverly Hills Safety Deposit Boxes With $86M, Attorneys Claim Fed’s Raid ‘Unconstitutional’
The Federal Bureau Investigation (FBI) is under fire for an alleged unconstitutional seizure of 800 safety deposit boxes in Beverly Hills. According to reports, the FBI confiscated $86 million in cash, jewelry, and thousands of gold and silver bars. дальше »
2021-6-13 20:30 | |
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OCC Mulling Partnership with Feds and FDIC To Regulate Crypto
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. дальше »
2021-5-20 19:10 | |
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Caveat Depositor. How Safe Is Your Stablecoin?
USD stablecoins are created largely outside the dollar system and lack federal deposit guarantees. Investors should be careful. дальше »
2021-2-9 22:44 | |
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Fed Researching CBDC & Planning to Deposit ‘Digital Dollars’ Directly To the Digital Wallets of Americans
Federal Reserve Bank of Cleveland President Loretta Mester revealed that each American would receive digital dollars directly. She said, “Legislation has proposed that each American have an account at the Fed in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments. дальше »
2020-9-24 17:32 | |
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FDIC’s Ridiculous Ad to Stop Bank Runs Is Sending the Opposite Signal
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 дальше »
2020-3-25 17:53 | |
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FDIC Begs Savers Not to Start a Bank Run as Fed Prints Trillions
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. дальше »
2020-3-25 08:15 | |
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Bitcoin-Friendly Square Obtains Conditional FDIC Merchant Lending License
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. дальше »
2020-3-19 16:00 | |
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New Jersey Bank Goes Under
A local bank in the United States has gone under, with the Office of the Comptroller of the Currency (OCC) stating on Friday they have appointed the Federal Deposit Insurance Corporation... The post New Jersey Bank Goes Under appeared first on Trustnodes. дальше »
2019-11-4 17:46 | |
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Nervous Depositing USD To Binance US Exchange? Now They Will Have FDIC Backed Insurance
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). дальше »
2019-10-19 18:25 | |
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Binance.US USD deposits eligible for FDIC insurance coverage
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. дальше »
2019-10-19 12:30 | |
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Tron announces the launch of stablecoin TRXD on its blockchain
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. дальше »
2019-6-22 14:00 | |
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