U.S. Federal Deposit Insurance Corp.
Stablecoins won't get any kind of deposit insurance under GENIUS rules, says FDIC chief
The chairman of the U.S. Federal Deposit Insurance Corp. made clear that even pass-through deposit insurance won't be allowed from third-party firms.
Senate confirms Trump crypto-friendly nominees to take over CFTC, FDIC
In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both with major potential reach into crypto.
U.S. FDIC proposes first U.S. stablecoin rule to emerge from GENIUS Act
The banking regulator began its formal rulemaking process to set up the procedures by which depository institutions can start stablecoin subsidiaries.
U.S. Senate Rolls Toward Last Vote on Confirming Crypto Regulators at CFTC, FDIC
In the prolonged process of the Senate, two key officials have faced a series of procedural steps on their way to a final vote, possibly early next week.
Trump's CFTC, FDIC Picks Closer to Taking Over Agencies as They Advance in Senate
The Senate's process is inching forward on a mass-confirmation that would include two nominations with major crypto implications.
Senate Banking Panel Advances FDIC's Travis Hill for Wider Confirmation Vote
The Senate Banking Committee voted along party lines to send FDIC Acting Chair Travis Hill's nomination to the wider Senate for a final vote on taking the permanent job.
Trump Makes Travis Hill Pick Official as Choice to Run FDIC
Travis Hill has already been leading the FDIC, but President Donald Trump's nomination puts him up for the banking regulator's chairmanship.
FDIC Reverses U.S. Crypto Banking Policy That Demanded Prior Approvals
The U.S. banking agency withdrew policies that contributed to crypto industry accusations that it pressured institutions to "debank" digital assets customers.
As Congress Talks Up Its Earth-Shaking Crypto Bill, Regulators Are Already at Work
While the Securities and Exchange Commission prepares for a crypto roundtable, policy moves at the agencies are getting more done than higher-profile rhetoric.
FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims
The U.S. Federal Deposit Insurance Corp. (FDIC) published five cease-and-desist orders last Friday, including one to crypto exchange FTX US, alleging it mislead investors by suggesting their accounts are insured through the government agency. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details.
