FDIC

OCC (Andrew Harrer/Bloomberg via Getty Images)
US Regulators Plan to Define Legal Bank Activities Around Crypto in 2022
The interagency sprint team was composed of the OCC, FDIC and Fed.
OCC (Andrew Harrer/Bloomberg via Getty Images)

WASHINGTON, DC - OCTOBER 06: U.S. Treasury Secretary Janet Yellen (C) listens to President Joe Biden during a hybrid meeting with corporate chief executives and members of his cabinet to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Each of the meeting participants spoke in dire terms about the negative national and global economic reaction to Congress failing to raise the limit and the U.S. defaulting on its debt. (Photo by Chip Somodevilla/Getty Images)
Why Stablecoin Regulation Isn’t ‘Urgent’
The risks are real, but today’s report looks like a power grab.
WASHINGTON, DC - OCTOBER 06: U.S. Treasury Secretary Janet Yellen (C) listens to President Joe Biden during a hybrid meeting with corporate chief executives and members of his cabinet to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Each of the meeting participants spoke in dire terms about the negative national and global economic reaction to Congress failing to raise the limit and the U.S. defaulting on its debt. (Photo by Chip Somodevilla/Getty Images)

Signage hangs outside the Federal Deposit Insurance Corporation headquarters in Washington, D.C. (Andrew Harrer/Bloomberg via Getty Images)
US Regulators Weigh Avenues for Banks to Hold Crypto: Report
Comments from a top U.S. regulator demonstrate crypto’s prominent rise this year and a rush to contain particular aspects of the industry.
Signage hangs outside the Federal Deposit Insurance Corporation headquarters in Washington, D.C. (Andrew Harrer/Bloomberg via Getty Images)

US Regulators Exploring How Banks Could Hold Crypto Assets
US Regulators Exploring How Banks Could Hold Crypto Assets
According to Federal Deposit Insurance Corporation (FDIC) Chairwoman Jelena McWilliams, a group of U.S. regulators are reportedly exploring how banks could hold and deal with...
US Regulators Exploring How Banks Could Hold Crypto Assets

An FDIC sticker on the door of a Chase Bank branch in New York (Ben Schiller/CoinDesk)
US FDIC Said to Be Studying Deposit Insurance for Stablecoins
So-called pass-through coverage would insure the holders of these tokens against losses up to $250,000 if the bank holding the collateral were to fail.
An FDIC sticker on the door of a Chase Bank branch in New York (Ben Schiller/CoinDesk)

Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv
Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv
Digital asset platform Anchorage Digital is expanding its lending service with ethereum-backed loans through BankProv, a traditional Massachusetts-based bank formally known as...
Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv

OCC
OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto
"Prior to this meeting, Vice Chair Quarles, Chair McWilliams and I had talked about potentially putting together an interagency policy sprint team just on crypto because of ex...
OCC

Federal Reserve Governor Lael Brainard has addressed crypto-related issues while in her role at the U.S. central bank over the past five years.
State of Crypto: Meet Lael Brainard, the Fed's CBDC Champion
Last year, Federal Reserve Governor Lael Brainard announced the Boston branch of the U.S. central bank was exploring a digital dollar. She’ll be speaking next week at Consensu...
Federal Reserve Governor Lael Brainard has addressed crypto-related issues while in her role at the U.S. central bank over the past five years.

FDIC Chief Says Agency Wants to Know More About Digital Assets
FDIC Chief Says Agency Wants to Know More About Digital Assets
The Federal Deposit Insurance Corporation (FDIC), one of the federal banking regulators in the U.S., is looking into how banks are exploring digital currencies. CoinDesk Globa...
FDIC Chief Says Agency Wants to Know More About Digital Assets

Jelena McWilliams, head of the Federal Deposit Insurance Corp.
FDIC Chief Says Agency Wants to Know More About Digital Assets
"At the FDIC we have been watching [digital asset] developments closely, and plan to issue a request for information to learn more," Jelena McWilliams said.
Jelena McWilliams, head of the Federal Deposit Insurance Corp.