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 ...

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 ...

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 ...

New legislation in Congress vows to protect Main Street, but the specifics suggest something else entirely. The proposal, called the Main Street Depositor Protection Act, would raise the Federal ...

If the beaten-down stock market has got you seeking a haven for your cash, there's some good news. The financial-system bailout legislation enacted last month boosted limits on federal insurance for ...