2022-8-22 23:44 |
The government agency had previously stated that deposits at non-bank entities, including crypto firms, are not covered by FDIC insurance. origin »
Bitcoin price in Telegram @btc_price_every_hour
|
The FDIC says the public should note that deposit insurance does not cover non-bank…
The post FDIC says deposit insurance does not apply to crypto appeared first on CoinJournal.
2022-7-30 01:39 | |
|
|
The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies.
2022-7-30 00:00 | |
|
|
The first banks will be connected this year, with a phased roll out for selected retail customers.
The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.
Recent 13F filings show Europe's second largest bank, BNP Paribas, has purchased Bitcoin exposure via a US spot Bitcoin ETF.
The proposed new industry guidelines are intended to address issues around AML and CFT rules.
Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.
The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new strategy by January.