Federal Deposit Insurance Corporation

FDIC Chairman Testifies on SVB, Signature Bank Failures

Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg testifies before the Senate Banking Committee on the failures of Signature Bank and Silicon Valley Bank.

By CoinDesk Inc

Mar 28, 2023 at 5:05 p.m. UTC

Mar 28, 2023

FDICFederal Deposit Insurance CorporationSenate Banking CommitteeSignature BankSilicon Valley BankMartin gruenberg

Bitcoin Emerges as Safe Haven as Traditional Finance Faces Turmoil

Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat.

By Nathan Cox

Mar 22, 2023 at 5:40 p.m. UTC

Mar 22, 2023

OpinionNewslettersCrypto Long & ShortSafe HavenSilvergate BankSilicon Valley BankSignature BankFederal ReserveFedFederal Deposit Insurance CorporationFDIC

U.S. Federal Reserve building in Washington, D.C.

US Federal Reserve, Other Agencies Continue to Warn Banks About Crypto

U.S. banking regulators argue that the past year of crypto drama underscores the need to keep banks at an arm’s length from the industry.

By Jesse Hamilton

Jan 3, 2023 at 7:47 p.m. UTC

Jan 3, 2023

regulationsFTXRisky assetsbanksFederal Deposit Insurance CorporationFederal Deposit Insurance CorporationFed

Lawmaker Concerned Over FDIC ‘Improperly’ Pushing Banks to Avoid Serving Crypto Companies

The Federal Deposit Insurance Corporation (FDIC) may be leaning on banks to prevent them from providing services to cryptocurrency companies, U.S. Sen. Pat Toomey (R-Pa.) said Tuesday, citing communications he had received. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

By CoinDesk Staff

Aug 17, 2022 at 4:09 p.m. UTC

Aug 17, 2022

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Biden

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 digital assets. CoinDesk’s Nikhilesh De discusses the latest on global policy and regulation. Plus, an update on the Biden Administration’s stablecoin report.

By CoinDesk Staff

Oct 27, 2021 at 3:01 p.m. UTC

Oct 27, 2021

bidenNikhilesh DecdtvFM ClipStablecoinsFDICFederal Deposit Insurance CorporationJelena McWilliams

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Nikhilesh de

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 Global Policy and Regulation Managing Editor Nikhilesh De on the main takeaways. Plus, reactions to Senator Cynthia Lummis proposing making distributed ledgers a “key focus.”

By CoinDesk Staff

May 12, 2021 at 3:18 p.m. UTC

May 12, 2021

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