Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises
How does the FTX fallout resemble the history of bank runs?
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Nov 15, 2022 at 10:10 p.m. UTC
Nov 15, 2022
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White House Goes Back to the Future With FDIC Chair Pick Gruenberg
The Biden Administration has nominated Martin Gruenberg, the longest-serving FDIC board member in history, to return to the chairmanship he held under Obama.
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Nov 14, 2022 at 10:27 p.m. UTC
Nov 14, 2022
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Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief
Acting FDIC head Martin Gruenberg argues that stablecoins need to mesh with regulated banking as well as the Fed’s real-time payments system and any future U.S. CBDC.
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Oct 20, 2022 at 2:00 p.m. UTC
Oct 20, 2022
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FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims
The five companies "made false representations" suggesting crypto products might be FDIC-insured.
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Aug 19, 2022 at 6:07 p.m. UTC
Aug 19, 2022
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US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says
Sen. Pat Toomey said whistleblowers had informed him the FDIC was pressuring banks to stop providing services to crypto companies.
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Aug 17, 2022 at 6:42 a.m. UTC
Aug 17, 2022
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Crypto Investors Can Rely on ‘Frankly Nothing’ in Current Regulatory Environment, Says Former FDIC Official
Chief Innovation Officer Sultan Meghji joined CoinDesk TV’s “First Mover” to discuss why crypto investors can rely on “frankly, nothing.”
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Jul 12, 2022 at 4:26 p.m. UTC
Jul 12, 2022
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FDIC Probing Voyager Claims It Was Insured by Regulator
The Canadian-based crypto exchange filed for bankruptcy earlier this week.
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Jul 7, 2022 at 6:20 p.m. UTC
Jul 7, 2022
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FDIC Asks All Banks to Report Crypto Activities
All FDIC-supervised institutions have been asked to provide the federal banking regulator with information about their “crypto-related activities.”
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Apr 7, 2022 at 10:10 p.m. UTC
Apr 7, 2022
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Caitlin Long's Wyoming Crypto Bank Takes a Step Toward Fed Membership
It's no guarantee of Fed approval, but Avanti Bank now has a routing number through the American Bankers Association.
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Feb 10, 2022 at 12:28 a.m. UTC
Feb 10, 2022
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New FDIC Acting Chair Says Evaluation of Crypto Risks Is a Top Priority for 2022
Martin Gruenberg said agencies like the FDIC need to provide “robust guidance” to the banking industry on how to manage the risks to consumers posed by crypto assets.
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Feb 7, 2022 at 5:10 p.m. UTC
Feb 7, 2022