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Two Trump Appointees Confirmed to Take Over Core Crypto Regulators CFTC, FDIC

As President Donald Trump's opening 12 months wanes in his second administration, he is lastly landed everlasting appointments to helm two of a...

U.S. FDIC Chief Says First GENIUS Act Regulations Heading for Proposal This Month

The performing chief of the U.S. Federal Deposit Insurance coverage Corp. stated the banking regulator expects to start out proposing guidelines for stablecoin...

Trump Makes Travis Hill Pick Official as Choice to Run FDIC

The performing chairman of the Federal Deposit Insurance coverage Bureau, Travis Hill, has been nominated by President Donald Trump to take over the...

Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks

The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto steerage of earlier years, together with notices that banks...

U.S. FDIC Told U.S. Banks to Lay Off Crypto, Letters Obtained by Coinbase Reveal

Crypto banking exercise was paused or prevented by the Federal Deposit Insurance coverage Corp. at a lot of U.S. banks in 2022, in...

FDIC Faulted for Lack of Crypto Guidance to Banks

The Workplace of the Inspector Common for the FDIC – an inner watchdog perform inside U.S. businesses – studied the banking company's efficiency...

FDIC Denies Report Signature Bank Purchaser Must Divest Crypto

The acquirer will inform the FDIC “what assets and liabilities from the failed bank it is willing to take,” the spokesperson stated, citing...

U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source

"I am alarmed by the failure of Silicon Valley Bank, which marks the second largest bank failure in U.S. history," she mentioned in...

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