Fintech Stablecoins could ‘fundamentally alter’ banking system, says US FDIC chiefDecember 7, 20220 Stablecoins might have such a profound impact on the established banking system that U.S. regulators have to require the digital…
Tech News FTX’s money isn’t insured, FDIC saysAugust 21, 20220 The Federal Deposit Insurance coverage Company (FDIC) slapped the Sam Bankman-Fried-owned cryptocurrency change FTX with a cease-and-desist order over “false…
Fintech Regulators tell Voyager Digital to stop false statements about FDIC deposit insurance statusJuly 29, 20220 The Federal Deposit Insurance coverage Company (FDIC) and the Federal Reserve Board at this time issued a joint letter demanding…
