[ad_1] The Federal Deposit Insurance Corporation (FDIC) has started an investigation into OKCoin USA Inc. (OKCoin) and its senior executives for alleged false and misleading statements regarding the underwriting status of the…
Category: Fdic
Coinbase Says US Banking Crisis Reinforcing Crypto Assets to the Upside, Catching Attention of Institutions
[ad_1] A top Coinbase researcher thinks the recent US banking crisis amplified the value of blockchain technology and cryptocurrencies. David Duong, head of institutional research at Coinbase, argued in a recent analysis…
White House crypto policy report blasts digital assets
[ad_1] A new report from the White House blasts digital assets for failing to deliver on their purported initial promises and increasing risks to consumers and the entire US financial system. …
US Officials Consider Expanding Deposit Insurance Coverage
[ad_1] US officials are reportedly studying ways to expand deposit insurance coverage to protect depositors and prevent capital withdrawals from smaller banks to heavyweights deemed safer. Current deposit insurance coverage under the…
US Officials Reportedly Studying Ways to Guarantee Bank Deposits of $17 Trillion amid Crisis
[ad_1] The FDIC and Fed are looking for a way for the US government to insure all of the $17 trillion in bank deposits if the financial turmoil gets worse. The US…
Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations – Bitcoin News
[ad_1] On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a wholly owned subsidiary of New York Community Bancorp, was…
First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower – Bitcoin News
[ad_1] After UBS acquired Credit Suisse and nearly a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic stock to junk status on…
Cardano Creator Charles Hoskinson Slams Politicians for Blaming US Banking Crisis on Crypto
[ad_1] Cardano (ADA) creator Charles Hoskinson blasted politicians for blaming the US banking crisis on the crypto industry. In a new statement, the chief executive of Input Output Hong Kong (IOHK). urge…