Posted inBlockchainWhat are the 7 Key Takeaways from Facebook's Libra Hearings?April 20, 2024The debate on Facebook's Libra continues with the hearing with the Senate Banking Committee (“Senate…
Posted inBlockchainUS Financial Regulators Aiming at How Banks Could Hold Bitcoin & Crypto Assets, Says FDIC ChairpersonApril 18, 2024A major bank regulator has stated that U.S. officials are working on offering a clearer…
Posted inBlockchainFDIC Says Deposits and Cryptos at Non-Bank Entities Are UninsuredApril 17, 2024The Federal Deposit Insurance Corporation (FDIC), an independent federal agency insuring deposits in U.S. banks…
Posted inBlockchainFDIC Calls Out FTX US, Other Crypto Firms to Stop Misleading Users About Deposit ProtectionApril 17, 2024The Federal Deposit Insurance Corporation (FDIC), a US government agency tasked with stabilizing the financial…
Posted inBlockchainFDIC to Offer Guidance on Crypto After it Understands its Associated RisksApril 17, 2024Martin Gruenberg, the acting Head of the Federal Deposit Insurance Commission (FDIC) has assured that…
Posted inBlockchainDefunct Crypto Lender BlockFi Has $227 Million in Uninsured Funds with Troubled Silicon Valley BankApril 16, 2024Air pollution is a significant public health concern worldwide, and recent studies have found high…
Posted inBlockchainFuture of Silicon Valley Bank May Put Trillions of Dollars at RiskApril 16, 2024The potential collapse of Silicon Valley Bank (SVB) has caused alarm among regulators, investors, and…
Posted inBlockchainFDIC Requires Potential Buyers of Failed U.S. Banks to Give Up Crypto ServicesApril 16, 2024The Federal Deposit Insurance Corporation (FDIC) has requested banks interested in acquiring failed U.S. lenders,…
Posted inBlockchainFederal Regulators Testify on Bank FailuresApril 16, 2024Representatives from the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve will provide testimony…
Posted inBlockchainUS Officials Consider Expanding Deposit Insurance CoverageApril 16, 2024US officials are reportedly studying ways to expand deposit insurance coverage to protect depositors and…