FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users ...

On March 11, FDIC Chairman Travis Hill spoke at a banking industry summit, where he outlined a forthcoming proposal that would clarify that ...

FDIC chief says stablecoins will not qualify for deposit insurance under the GENIUS Act, including pass-through coverage.

Federal Deposit Insurance Corp. Chair Travis Hill said in a speech Wednesday morning that the agency will move to codify stablecoins as ineligible for deposit insurance — which is required under the ...

FDIC is seeking to ban stablecoin deposit insurance under the GENIUS Act and has invited public comments on pass-through coverage rules.

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 ...

The Federal Deposit Insurance Corp.'s Board of Directors Tuesday issued a proposed rule for public comment that would revise how banks must display FDIC signage on digital interfaces and ATMs where ...

Automated sweeps into high-yield accounts enable fintechs to offer better returns and enhanced insurance for their customers, with Bluevine leading the way as a pilot client Galileo facilitates the ...