FDIC

FDIC Head Conceded That Payment Stablecoins Merit Further Consideration

The acting head of the Federal Deposit Insurance Corporation (FDIC), a bank regulator in the United States, has called for…

2 years ago

Fed Governor Warns Banks Should Be Careful With Crypto

According to Federal Reserve Vice Chair of Supervision Michael Barr, traditional banks are growing their use of distributed ledger technology…

2 years ago

Texas Proposes USDC To Be Issued By Banks, Instead Of Circle

United Texas Bank CEO Scott Beck argued that stablecoin issuers like as Circle (USDC) were "essentially draining deposits out of…

2 years ago

FDIC Denunciations FTX.US False Statements And Misleading Investors

The FDIC said FTX.US and its President, Brett Harrison, misrepresented the exchange's deposit insurance status. The agency is asking the…

2 years ago

CEO Stephen Ehrlich Sells Top Of Voyager Stock And Raises $31 Million In 2021

Voyager CEO Stephen Ehrlich made $31 million from selling the company's stock when it was trading at a peak in…

2 years ago

Silvergate Deposits Remain Steady Amid Market Downturn

Silvergate Capital Corporation has announced that it still has stable crypto deposits in the second quarter. Total deposits in the…

2 years ago

Crypto 101: 10 Best Security Methods For Cryptocurrency Users (Part 1)

The decentralized model of cryptocurrency essentially transfers power to the users, which is why many users are attracted to it.…

2 years ago

Crypto 101: What Is The FDIC?

One of the benefits of using cryptocurrency is the anonymity you receive through transactions. Unfortunately, this is also one of…

2 years ago

Voyager Cheated Customers With $250,000 Insurance From FDIC

Voyager customers may not receive the same $250,000 insurance coverage from the FDIC as what Voyager previously advertised. Voyager Digital…

2 years ago

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