The FDIC approved the very first proposal that sets the rules for how banks file applications to issue payment stablecoins under Trump’s GENIUS Act. The proposal spells out how insured institutions ...

Learn how these federal agencies safeguard your deposits at credit unions and banks, offering protection up to $250,000 per ...

The proposed bank, backed by billionaire investor Peter Thiel, received conditional approval from the OCC in October.

Protect your large cash deposits with IntraFi Network Deposits, offering FDIC insurance coverage across multiple banks while ...

Comptroller of the Currency Jonathan Gould, an FDIC board member, supported the agency’s proposed budget but expects further ...

The FDIC approved the bank's application on Dec 16. It still requires final approval from the Office of the Comptroller of ...

President Joe Biden is set to nominate a new FDIC chair after independent and congressional scrutiny of Martin Gruenberg's leadership.

The Federal Deposit Insurance Corp is proposing a framework that outlines how banks would be able to apply to issue payment stablecoins via a subsidiary.

The FDIC proposes a framework under the GENIUS Act outlining how banks can apply to issue payment stablecoins through subsidiaries.

In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both ...