FDIC

(Peter Dazeley/Getty Images)
Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?
As customers abandon the prominent California-based crypto bank, its future gets increasingly murky.
(Peter Dazeley/Getty Images)

U.S. Sen. Cynthia Lummis (left) and Rep. Patrick McHenry (Shutterstock/CoinDesk)
U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.
U.S. Sen. Cynthia Lummis (left) and Rep. Patrick McHenry (Shutterstock/CoinDesk)

Former FDIC CIO on Crypto Liquidity Risks for US Banks
Former FDIC CIO on Crypto Liquidity Risks for US Banks
The Federal Reserve and other U.S. banking agencies are warning banks that crypto poses significant liquidity dangers, further reinforcing their campaign to generally steer le...
Former FDIC CIO on Crypto Liquidity Risks for US Banks

Banking regulators issued another warning about crypto. (Jesse Hamilton/CoinDesk)
US Banking Regulators Warn Banks About Crypto Liquidity Risks
The Federal Reserve and other agencies issued another statement about crypto market vulnerabilities as a threat to U.S. banking.
Banking regulators issued another warning about crypto. (Jesse Hamilton/CoinDesk)

(George Rose/Getty Images)
FDIC Tells Crypto Exchange CEX.IO to Stop Claiming US Dollars Held in Its Wallets Are Insured
The agency issued a cease-and-desist letter on Wednesday.
(George Rose/Getty Images)

LevelField CEO on Protecting Crypto Transactions
LevelField CEO on Protecting Crypto Transactions
Banking startup LevelField is aiming to become the first FDIC-insured bank to offer digital asset services following its acquisition of Burling Bank. CEO Gene Grant II explain...
LevelField CEO on Protecting Crypto Transactions

LevelField CEO on Aiming to Become First FDIC-Insured Institution to Offer Crypto Services
LevelField CEO on Aiming to Become First FDIC-Insured Institution to Offer Crypto Services
Banking startup LevelField is aiming to become the first FDIC-insured bank to offer digital asset services following its acquisition of Burling Bank. LevelField Financial CEO...
LevelField CEO on Aiming to Become First FDIC-Insured Institution to Offer Crypto Services

(Shutterstock)
Banking Startup LevelField Aims to Become First FDIC-Insured Institution to Offer Crypto Services
LevelField inched closer to its goal of offering both traditional and crypto banking services following its acquisition of the FDIC-insured Burling Bank.
(Shutterstock)

Gemini founders Cameron and Tyler Winklevoss (Shutterstock)
Crypto Exchange Gemini Emphasized FDIC Insurance in Communications With Earn Customers: Report
Gemini reportedly repeatedly implied that the assets of customers using its Earn product were safe thanks to being backed by the Federal Deposit Insurance Corp.
Gemini founders Cameron and Tyler Winklevoss (Shutterstock)

FTX Fallout: Nimble CEO Says Crypto Needs an FDIC-Like System
FTX Fallout: Nimble CEO Says Crypto Needs an FDIC-Like System
Decentralized Insurance protocol Nimble founder and CEO Adam Hofmann discusses why he thinks a decentralized FDIC-like system should be deployed to protect users in the wake o...
FTX Fallout: Nimble CEO Says Crypto Needs an FDIC-Like System