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Tag: FDIC

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FDIC interim chair calls crypto debanking ‘unacceptable’ amid concerns over Operation Chokepoint 2.0

Federal Deposit Insurance Corporation (FDIC) interim Chair Travis Hill acknowledged the agency’s role in “debanking” crypto firms during a speech in St. Louis...

Coinbase shares unredacted FDIC letters urging banks to avoid offering basic Bitcoin services

Coinbase chief legal officer Paul Grewal shared documents revealing that the Federal Deposit Insurance Corporation (FDIC) urged banks to halt or avoid...

Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto services

Coinbase chief legal officer Paul Grewal has disclosed letters from the Federal Deposit Insurance Corporation (FDIC) to banks throughout 2022, urging them...

Coinbase files FOIA requests targeting FDIC over crypto banking restrictions

Coinbase filed two new Freedom of Information Act (FOIA) requests on Oct. 18, seeking regulatory clarity for crypto in the US.The new...

Regional bank failures may be ahead, Former FDIC head Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.Their quarterly numbers begin...

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American Express cardholders still spending despite Trump tariffs

American Express' affluent cardholders are showing few signs...

Firing Jerome Powell will crash financial markets — Sen. Elizabeth Warren

US Senator Elizabeth Warren warned that if President...

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