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] ...

Payment stablecoins have already been bailed out by the FDIC insurance fund using costly lender of last resort assistance provided by the Federal Reserve. Read Full Article » ...

Its technology stack supports over one million transactions per second and includes insurance coverage across hot and cold wallets. The firm’s regulatory approval allows it to offer brokerage and ...

The Council and the European Parliament reached a political agreement today on an updated crisis management and deposit insurance framework for banks in the EU.

JPMorgan Introduces USD Deposit Token on Coinbase’s Base Blockchain The bank’s JPMD is a permissioned USD deposit token enabling J.P. Morgan institutional clients to move money 24/7 on-chain.

JPMorgan is piloting its deposit token JPMD on Coinbase’s Base network, aiming to offer institutional clients a scalable, yield-bearing alternative to stablecoins.

Erie Insurance and Erie Indemnity Company have disclosed that a weekend cyberattack is behind the recent business disruptions and platform outages on its website.

The Nigeria Deposit Insurance Corporation (NDIC) has called for the participation of stakeholders in the financial services industry, policymakers, and the general public by providing feedback on ...

Insurance companies are spinning up services to cater to cryptocurrency companies and their executives.

Your U.S. health insurance plan likely won't work abroad. CNBC Select explains how travel insurance can keep you covered and the best plans to buy.

To enhance depositor protection, the Indian government is considering doubling the bank deposit insurance limit from ₹5 lakh to ₹10 lakh. Here's when this change could happen and how it may ...