FDIC
- Government
FDIC Moves Toward Rolling Out Regulatory Framework for the GENIUS Act
The acting chair of the U.S. Federal Deposit Insurance Corporation (FDIC), Travis Hill, says the agency is preparing to introduce…
Read More » - Policies & Regulations
FDIC Signals Support for Bank Use of Public Blockchains in Upcoming Guidance
The Federal Deposit Insurance Corporation (FDIC) is moving to establish a clearer and more flexible regulatory framework that would allow…
Read More » - Policies & Regulations
FDIC Releases Crypto Banking Documents Amid ‘Chokepoint 2.0’ Probe
The Federal Deposit Insurance Corporation (FDIC) unexpectedly released a large collection of documents on Wednesday, shedding light on how the…
Read More » - Global News
Unreleased Documents Spark Battle Between Crypto Advocates and U.S. Regulators
A U.S. banking regulator advised financial institutions to pause direct involvement in cryptocurrency activities in 2022 and 2023 but did…
Read More » - Global News
US Regulators Announce JPMorgan Chase Acquisition of First Republic Bank After Failure
U.S. regulators have announced today that First Republic Bank has been taken over and will be sold to JPMorgan Chase…
Read More » - Global News
FDIC Report Cites Poor Management as the Cause of Signature Bank Failure
Signature Bank‘s collapse was attributed to poor management and inadequate risk management practices, according to a post-mortem assessment conducted by…
Read More » - Global News
Bitcoin’s Emergence as a Viable Alternative to Traditional Financial Systems
Three sources familiar with the situation have reported that U.S. officials are engaged in urgent discussions to rescue First Republic…
Read More » - Global News
FDIC to Return $4 Billion in Crypto Deposits Connected to Signature Bank by Early April, Says Chair
During a recent hearing of the U.S. House Financial Services Committee, Martin Gruenberg, the head of the Federal Deposit Insurance…
Read More » - Global News
First Citizens Bank Acquires Silicon Valley Bank Deposits and Loans
The Federal Deposit and Insurance Corporation has announced that First Citizens Bank, located in North Carolina, will acquire all of…
Read More » - Global News
US Regulators Seek Bids for Failed Banks, Crypto Separation Required for Signature Bank Acquisition
The U.S. Federal Deposit Insurance Corp (FDIC) has requested that interested banks submit bids by March 17 for Silicon Valley…
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