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Judge slams FDIC’s ‘lack of good-faith’ in censoring crypto letters to banks
13.12.2024
A US federal judge has ordered the FDIC to redo and resubmit redactions it made to crypto “pause letters” it sent to financial institutions
Judge slams FDIC’s ‘lack of good-faith’ in censoring crypto letters to banks
13.12.2024
A US federal judge has ordered the FDIC to redo and resubmit redactions it made to crypto “pause letters” it sent to financial institutions
Proof of Operation Chokepoint 2.0
6.12.2024
Newly released documents from the FDIC show a concerted federal effort to de-bank crypto companies, showing long-held theories were correct
FDIC asked banks to ‘pause’ crypto activities — Court docs
6.12.2024
Coinbase chief legal officer Paul Grewal claimed the letters provided evidence that an alleged US government attempt to debank firms “wasn’t just some crypto conspiracy theory.”
House lawmakers propose studies on AI in financial services, housing
3.12.2024
AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress
FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19
20.11.2024
Martin Gruenberg is set to exit as FDIC Chair, with Representative Tom Emmer blasting him as “an architect of Operation Chokepoint 2.0.”
Crypto use more common among the underbanked, says FDIC report
13.11.2024
Last year, underbanked households more commonly used crypto than those with no banking access whatsoever, according to an FDIC survey
Blockchain Association calls for SEC leadership shift amid ‘shameful’ FDIC reveal: Law Decoded
4.11.2024
The Blockchain Association and Coinbase spotlight SEC and FDIC actions, revealing significant financial burdens on crypto firms
Coinbase finds over '20 examples' of FDIC telling banks to avoid crypto
2.11.2024
Coinbase's chief legal officer declares that the “contents are a shameful example of a government agency trying to cut off financial access to law-abiding American companies.”
Coinbase finds over '20 examples' of FDIC telling banks to avoid crypto
2.11.2024
Coinbase's chief legal officer declares that the “contents are a shameful example of a government agency trying to cut off financial access to law-abiding American companies.”
Coinbase finds over '20 examples' of FDIC telling banks to avoid crypto
2.11.2024
Coinbase's chief legal officer declares that the “contents are a shameful example of a government agency trying to cut off financial access to law-abiding American companies.”
Ripple RLUSD Advisory Board: Appoints Former FDIC Chair Sheila Bair
15.10.2024
Ripple (XRP) has announced through a press-release the appointment of Sheila Bair, former Chair of the Federal Deposit…
Biden admin deliberately killed off Silvergate to ‘decapitate’ crypto: Nic Carter
26.9.2024
The now-bankrupt Silvergate Bank was forced to cap its crypto deposits at 15% under threat of being shut down by US regulators, claims to Castle Island Ventures partner Nic Carter
Lawmakers Question SEC Over Disruptive Crypto Custody Rules
25.9.2024
Congressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset custody could disrupt financial innovation and regulatory collaboration. Lawmakers question whether the SEC acted prematurely, potentially...
Robert Kiyosaki Pushes Bitcoin as US Debt Soars to Alarming Levels — Warns of Banking System Failures
25.8.2024
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned that the U.S. is adding a trillion dollars to its debt every 100 days. He advises investing in gold, silver, and bitcoin to safeguard against economic instability. Kiyosaki also points out the dangers of relying on traditional banks...
FDIC nominee Goldsmith Romero says banks can custody digital assets
11.7.2024
The Federal Deposit Insurance Corporation Chair nominee stated her position amid the failure of Congress to overturn the SAB-121 veto
Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies
10.7.2024
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identified in a 2020 order. Citigroup Faces $60.6...
History Associates joins Coinbase in FDIC legal battle
28.6.2024
The History Associates suit aims to hold the FDIC and other regulatory agencies accountable for their actions and ensure transparency in their regulatory practices
Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests
27.6.2024
A research firm Coinbase contracted is suing the U.S. Securities and Exchange Commission (SEC) and a federal banking agency, accusing them on Thursday of failing to produce documents under open-records laws that would shed light on the regulators' views on cryptocurrencies
Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations
27.6.2024
Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer highlighted the lack of clear guidelines from the...