FDIC Financial News
12.12 / 10:03
regulation
US
Financial Services
Wealth managers
Signature Bank
FDIC
US regulator slammed over Signature Bank loan sales - reports
Signature Bank became one of several US regional banks to collapse in March following the failure of Silicon Valley Bank, leaving the FDIC to auction off $33.2bn of its loans.
21.12 / 10:52
Action
crypto regulation
President
FDIC
country
blues
prevention
ad
FDIC’s Sign and Ad Rules Update May Impact Crypto Industry – Here’s How
The Federal Deposit Insurance Corporation (FDIC) has recently implemented a new rule governing the use of its official signs and advertising, potentially influencing public perception of certain crypto firms.
21.12 / 10:52
regulation
Advertising
FDIC
Better Market CEO Points to Crypto Market Abuses as Reasons for FDIC Rule Amendment
Better Market CEO lambasts frequent market abuses and false advertising strategies of digital asset firms as a major reason for the Federal Deposit Insurance Corporation’s (FDIC) rule change to protect investors.
16.06 / 20:21
Blockchain
UPS
OkCoin
Action
FDIC
US FDIC Says OKCoin Made False Statements About Deposit Insurance and Demands Corrections
The US Federal Deposit Insurance Corporation sent a letter to OKCoin USA, Inc., demanding the cryptocurrency exchange take action to address false and misleading statements about its deposit insurance.
05.05 / 16:57
Artificial Intelligence
FDIC
Technical Analysis
What's Next for Crypto Prices as US Regional Banks Take a Hit? – yPredict Tool Makes AI Price Predictions Easy
The US banking sector is in the midst of a crisis, and the government's efforts have been insufficient, and some would even say damaging.
03.05 / 19:53
white house
crypto mining
FDIC
Democratic Presidential Candidate Robert F. Kennedy Jr. Says It Is a “Mistake” To Hinder Crypto
Democratic presidential candidate Robert F. Kennedy Jr. has taken to Twitter over the past day or so to air his thoughts about cryptocurrency regulation.
29.03 / 10:35
cryptocurrency
Signature Bank
FDIC
U.S. FDIC tells Signature Bank's crypto clients to close accounts by April 5
FDIC) has informed collapsed lender Signature Bank's crypto clients that they have until April 5 to close their accounts and move their money. The deposits in question were not part of a rescue deal arranged with Flagstar Bank, a unit of New York Community Bancorp, earlier this month. «Flagstar's bid did not include about $4 billion in deposits related to Signature's digital-asset business,» an FDIC spokesperson said. «Those are the deposits we are encouraging customers to move before April 5. If they have not by that day, we will mail checks to the address on record.»
13.03 / 13:57
regulation
Investing
Federal Reserve
USDC
FDIC
Coinbase Confirms $240 Million Corporate Cash Balance with Signature Bank Amid Lender Closure
Major crypto exchange Coinbase stated that it has millions in corporate cash balance with the shuttered Signature Bank.
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