FTX Is Spreading False Statements About Crypto Products, FDIC Says
FTX US received a cease-and-desist warning from the United States Federal Deposit Insurance Corporation on Friday, telling the crypto exchange ...
Tag: FDIC
FDIC Wants All US Banks To Report Crypto-Related Activities, Citing ‘Safety Hazards’
The Federal Deposit Insurance Corp. is advising banks to contact it if they are currently engaged in or intend to ...
Gemini Exchange Secures Digital Asset Insurance
The Gemini cryptocurrency exchange announced that customer assets are now covered by insurance. It comes through a consortium of global ...
SEC and Institutional Investor Backing: A Question of Custody
One of the last major hurdles to the widespread institutional adoption of cryptocurrency is the issue of custody — where ...
Square Confirms Withdrawn Application to the FDIC
On July 5, it was confirmed that Square Inc. had withdrawn its application to open a new depository bank, but ...
World’s First Crypto Bank AriseBank Announces BitShares Partnership, Acquisition of FDIC-Insured Bank
The world’s first decentralized cryptocurrency bank, AriseBank, announced that they have reached an agreement with a Federal Deposit Insurance Corporation ...
