FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users without the protections given to traditional bank deposits.
WASHINGTON — Federal Deposit Insurance Corp. Chair Travis Hill on Wednesday said that payment stablecoins will likely not qualify for pass-through deposit insurance in remarks that spanned the ...
The U.S. Federal Deposit Insurance Corporation (FDIC) issued a final rule to change the leverage capital requirements for both large and community banks. The agency said the modification will ”reduce ...
Stablecoin users won't benefit from any government guarantee of their money when the new U.S. law is implemented to govern these tokens, said Federal Deposit Insurance Corp. (FDIC) Chairman Travis ...
The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
On October 7, 2025, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency (the “agencies”) jointly issued a notice of proposed rulemaking (“NPR”)[1] that would ...