Browsing Tag
FDIC
25 posts
Custodia Bank claps back against court ruling, wants Fed master account
Custodia Bank has filed a notice of appeal on April 26, challenging a lower court’s decision from March…
FDIC Vice Chair advocates for more flexible approach to digital assets
Travis Hill, vice chairman of the FDIC, criticized the U.S. banking restrictions on handling digital assets for clients.
Binance US alters FDIC Coverage for crypto deposits
In an Oct. 16 update to Binance.US’s terms of service for the exchange, a clarification was made that…
FDIC highlights potential banking risks from crypto activities
In this year’s review, the FDIC evaluates the potential implications and challenges of integrating crypto activities into the…
Heartland Tri-State Bank collapses, FDIC steps in
The Heartland Tri-State Bank is bankrupt but the FDIC has already stepped in to protect customer interests. Bitcoin…
Circle was a principal beneficiary of SVB government rescue
A recent report by Bloomberg states that Circle, the issuer of the USDC stablecoin, emerged as a primary…
FDIC chair takes responsibility for Signature Bank’s collapse, also cites crypto
A report from the FDIC has revealed that poor management was the primary cause of Signature Bank’s failure,…
Digital asset exposure cited in GAO investigation of Signature Bank implosion
According to Michael Clements, the U.S. Government Accountability Office (GAO) is reviewing “large deposits from the digital asset…
Ethereum price outlook weakens, but ETH derivatives suggest $1.6K is unlikely
Another top 20 U.S. bank bites the dust, but Ether’s price fails to benefit from the event.
Signature Bank collapse due to regulators, management
The fall of Signature Bank (SBNY) has been linked to a combination of executive mismanagement and insufficient intervention…