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 ...
Tag: FDIC
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Square Confirms Withdrawn Application to the FDIC
On July 5, it was confirmed that Square Inc. had withdrawn its application to open a new depository bank, but ...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 ...
