Tag: FDIC
The FDIC Warns Banks Against Offering Crypto Services: Coinbase Investigation
The Federal Deposit Insurance Corporation (FDIC) has issued warnings to banks about offering crypto services in more than 20 cases, as revealed by Coinbase. The chief legal officer of Coinbase, Paul Grewal, expressed concern...
Coinbase’s FOIA Requests Aimed at FDIC’s Crypto Banking Restrictions
Coinbase, a popular cryptocurrency exchange, recently filed two new Freedom of Information Act (FOIA) requests on October 18th. These requests were aimed at the Federal Deposit Insurance Corporation (FDIC) in an effort to seek...
White House Nominates CFTC Commissioners for FDIC, Treasury Roles
The White House is expected to nominate U.S. Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation (FDIC) chair and Kristin Johnson to a senior Treasury post, media...