The ruling comes after the Federal Deposit Insurance Corporation lawsuit accused the mega U.S. bank of failing to pay the complete amount it owed for deposit insurance. According to a press ...

Legal firms have offered summaries of the features of the GENIUS Act, and several contend that the Act precludes payment stablecoins from receiving federal deposit insurance benefits. [2] While ...

A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for ...

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 ...

The Federal Reserve Board and the Federal Deposit Insurance Corp. have withdrawn several statements regarding banks’ crypto-related activities in an effort to support innovation and clarify ...

Legal firms have offered summaries of the features of the GENIUS Act, and several contend that the Act precludes payment stablecoins from receiving federal deposit insurance benefits. [2] ...

Read Full Article » Related Topics: Paul Kupiec, Stablecoins, Dollar, Federal Deposit Insurance Corporation (FDIC) Comment Show comments ...