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…
Tag: FDIC
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…
Trump Makes Travis Hill Pick Official as Choice to Run FDIC
The acting chairman of the Federal Deposit Insurance Bureau, Travis Hill, has been nominated by President Donald Trump to take…
FDIC Outlines Pro-Crypto Reforms With Clearer Rules and Fair Banking Policies
The FDIC spotlighted a forward-looking crypto agenda and fair access reforms, signaling a major pivot toward transparency, institutional clarity, and…
Capital One sues FDIC for overcharge related to two bank failures
By Jonathan Stempel (Reuters) -Capital One sued the Federal Deposit Insurance Corporation, accusing the U.S. regulator of imposing an excessive…
Federal Reserve, FDIC and OCC clarify crypto custody rules for banks
U.S. banking regulators have issued a statement clarifying the rules around cryptocurrency safekeeping, or custody, by banking organizations. The Board…
NYAG Letitia James Urges Fed Oversight, FDIC Protections in Stablecoin Legislation
New York Attorney General Letitia James is warning that dangerously flawed stablecoin bills could expose U.S. financial markets to chaos…