Tag: Federal Deposit Insurance Corporation
$930,000,000,000 Wave of Debt Descending on US Banks As Hope for Interest Rate Reversal Fades: Former IMF Deputy Director – The Daily Hodl
An IMF insider is warning of another US banking crisis amid hot inflation, dwindling hope of interest rate cuts from the Fed and fears...
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JPMorgan Chase, Citibank and Goldman Sachs Drafting Landmark Lawsuit Against Federal Reserve: Report – The Daily Hodl
A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S. Federal Reserve.
JPMorgan Chase, Citibank...
Franklin Templeton Launches Franklin Bitcoin ETF (EZBC)
EZBC is one of the industry’s first spot bitcoin ETFs and the latest addition to Franklin Templeton’s growing digital assets and ETF platforms
SAN MATEO,...
BlackRock’s Bitcoin ETF (IBIT) Clears Final SEC Hurdle
NEW YORK–(BUSINESS WIRE)–The registration statement for BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), has been declared effective by the U.S. Securities and...
VanEck: Bitcoin is a “Screaming Buy” for 2024; Firm’s DAPP ETF Passes $100mm in AUM as Global Assets in VanEck Crypto-Linked Funds Approach $1...
NEW YORK–(BUSINESS WIRE)–Having already named Bitcoin one of the firm’s “screaming buys” for 2024, VanEck is today sharing a number of other key updates...
Compliance isn’t just for banks
Financial institutions are zeroing in on compliance when evaluating fintech partners. Nearly three-quarters (72%) of banks and credit unions cite compliance as their top...
FDIC Mandates New Signage for Digital Platforms Starting 2025
The Federal Deposit Insurance Corporation (FDIC) has announced significant changes to its official signage and advertising rules. This update, the first since 2006, aims...
$684,000,000,000 in Unrealized Losses Hammer US Banks As Fed Reveals Surge in Underwater Assets – The Daily Hodl
US banks are now saddled with a staggering $684 billion in losses on securities, according to a new report from the Federal Deposit Insurance...
Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case
A decision that is of great significance has been handed down by the United States District Court for the Southern District of New York....
Inspector General wants FDIC to refine crypto risk assessment process, guidance
The Inspector General’s Office (OIG) of the Federal Deposit Insurance Corporation (FDIC), the independent United States government body that provides deposit insurance to commercial...
Binance.US suspends USD withdrawals
Binance.US has halted direct dollar withdrawals for customers in the U.S., a Monday update to its terms of use revealed. See related article: Weekly Market...
Customers Bancorp, Inc. to Host Third Quarter 2023 Earnings Webcast on Friday, October 27, 2023
WEST READING, Pa.–(BUSINESS WIRE)–$CUBI #Earnings–Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM...
Ex-CEO of Investment Firm Pleads Guilty to Cryptocurrency Fraud Scheme
Peter Kambolin, the former CEO of a Miami-based investment firm, Systematic Alpha Management LLC (SAM), pleaded guilty on October 11, 2023, to a fraudulent...
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