US Banks Show Gains in Key Metrics Despite Profit Dip, FDIC Says
US banks showed broad gains in key metrics during the fourth quarter despite a modest decline in overall profit, and…
Tag: FDIC
FDIC pays $188k, pledges policy shift in Coinbase FOIA crypto case
The FDIC will pay $188,440 and revise its disclosure rules after a Coinbase FOIA lawsuit exposed “pause letters” telling banks…
Fmr. FDIC Chair: Supreme Court Could Step In to Protect Fed
Sheila Bair, former FDIC chair and a member of the Center for Financial Stability Advisory Board, says the Supreme Court…
Two Trump Appointees Confirmed to Take Over Core Crypto Regulators CFTC, FDIC
As President Donald Trump’s opening year wanes in his second administration, he’s finally landed permanent appointments to helm two of…
FDIC Moves GENIUS Act From Law to Practice With Stablecoin Rules
The Federal Deposit Insurance Corporation has issued its first official proposal outlining how banks can obtain approval to issue payment…
U.S. FDIC proposes first U.S. stablecoin rule to emerge from GENIUS Act
The U.S. Federal Deposit Insurance Corp. has rolled out the first official rule proposal stemming from the new law governing…
FDIC to Unveil Plan on How Banks May Apply to Issue Stablecoins
The Federal Deposit Insurance Corp. is proposing a framework that outlines how banks would be able to apply to issue…
Trump’s CFTC, FDIC Picks Closer to Taking Over Agencies as They Advance in Senate
Two key positions in U.S. crypto oversight are advancing this week in the Senate as the chamber sets up a…
U.S. FDIC Chief Says First Stablecoin Regulations Heading for Proposal This Month
The acting chief of the U.S. Federal Deposit Insurance Corp. said the banking regulator expects to start proposing rules for…
FDIC Moves to Relax Key Bank-Capital Rule Tied to Treasuries
US regulators moved to relax capital requirements that lenders have said limit their ability to act as intermediaries in the…