FDIC

FDIC Announced Sale of $115B Worth of SVB and Signature Securities

FDIC is planning to make an “orderly liquidation” of more than $100 billion worth of Signature and SVB securities.

Signature’s Crypto Clients Told to Close Accounts By FDIC Before April 5th

Signature Bank’s cryptocurrency customers were informed that their accounts are to be closed by April 5th.

FDIC Says Buyers Not Told to Divest as Singature’s Non-Crypto Business Sold

Flagstar Bank agreed to acquire deposits and loans belonging to the collapsed Signature Bank, though crypto-related deposits were not included in the bid.

Crypto Business Becomes Key Talking Point of Signature Bank’s Sale

Banks interested in acquiring Signature and Silicon Valley Bank need to submit bids by March 17.

FDIC Moves In to Protect Deposits as SBV Closes its Doors

Silicon Valley Bank is shutting down and FDIC is moving in to set up the Deposit Insurance National Bank of Santa Clara to help secure insured…

Silvergate in Talks With FDIC as the Bank’s Future Remains Uncertain

Silvergate is reportedly working with FDIC in an effort to find a way out of the crisis caused by the collapse of FTX, and the recent…

Banks Warned of Crypto Risks but Allowed to Engage: Statement

The joint statement issued today by FED, the FDIC, and the OCC highlighted many of the risks posed by cryptocurrencies to banking institutions, but ultimately told…

FDIC Issues Cease and Desist Letters to FTX US and Four Other Companies Over False Statements

Five crypto-related companies found themselves receiving cease and desist letters from FDIC this Friday.

FDIC to Prioritize Providing Digital Asset ‘Guidance’ to Banking Industry

Governing agencies from around the world are leaving talks of 'bans' behind, moving to regulation instead.

Former Head of FDIC Supports Creating a Compliant Security Token and Digital Currency Marketplace