Tag: fdic

Apr 08 2022

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 engage in cryptocurrency-related activities. The FDIC notes that exposure to crypto assets may pose "safety and soundness hazards, as well as financial stability problems." The FDIC, the country's top banking regulator, said lenders considering dabbling in digital assets should alert the agency of...

Oct 27 2021

FDIC Chair confirms efforts toward Crypto involvement in the US banking system

Oct 27 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

Jelena McWilliams, the Federal Deposit Insurance Corporation (FDIC) Chair, confirmed in an interview with Reuters earlier this week, that the U.S. bank regulators are carving out a framework to facilitate holding crypto assets in bank accounts, to further regulate the fast-developing asset class. She noted that authorities are making space for crypto while simultaneously “mitigating The post FDIC Chair confirms efforts toward Crypto...

Oct 26 2021

FDIC Chairman: US Regulators Exploring How Banks Could Hold Bitcoin

Oct 26 2021 Published at Bitcoin Magazine under tags  banks bitcoin business fdic regulators

Banks' BTC holdings could be used for client trading, as collateral for loans, or held as assets in their balance sheets.U.S. regulators are exploring ways for traditional banks to hold bitcoin.Banks' BTC holdings could be used for client trading, as collateral for loans, or held as assets in their balance sheets."I think that we need to allow banks in this...

May 20 2021

ARK’s Cathie Wood Still Sees BTC at $500K

May 20, 2021 / Unchained Daily / Laura Shin Welcome to Unchained Daily ICYMI,...

May 18 2021

This Metric on Ethereum Is Up 200x From a Year Ago

May 18, 2021 / Unchained Daily / Laura Shin Welcome to Unchained Daily ICYMI,...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: