The U.S. Congress has passed the GENIUS Act, establishing the first federal regulatory framework for payment stablecoins, ...

Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.

The GENIUS Act is likely to be signed into law on Friday and is set to change how stablecoin issuers operate both in the US and overseas.

More recently, and as expected, the Federal Deposit Insurance Corporation (FDIC) approved a final rule (2024 Final Rule), effective October 1, 2024, to update its Section 19 regulations to conform ...

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks.

In 2017, the FDIC sued the second-largest U.S. bank for failure to pay $1.12 billion in deposit insurance assessments in violation of the Federal Deposit Insurance Act, and claimed the bank had ...

The Federal Deposit Insurance Corp. advanced regulators’ plan to ease a key capital rule that big banks have said limits their ability to act as intermediaries in the $29 trillion Treasuries market.

The Fed joins other U.S. bank regulators -- the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation -- in moving to drop that examination standard.