FDIC

OKCoin faces accusations of making false claims on three separate instances that is FDIC-insured

“Billions of dollars” are currently stored in apps like Venmo and PayPal and just like crypto exchanges, they are not FDIC insured

The chair acknowledged his agency’s shortcomings in acting sooner to curb the crisis spreading throughout Signature’s operations

Cross River Bank was ordered to improve internal controls and eliminate unsafe practices

Calls are growing for transparency over how the FDIC assumed control of crypto-friendly banks Signature and Silicon Valley Bank

An estimated $4 billion in cryptoassets will remain under the receivership of the FDIC

Potential acquirers of Signature will tell the FDIC what assets and liabilities they’re willing to take from the bank, the FDIC representative added

Banks should not lend deposits made by crypto customers and should hold cash to back all deposits, the statement said
Tweet by FTX US President Brett Harrison could potentially harm investors, FDIC says in letter

Voyager appears to have changed phrasing on its website about customer funds being insured by the FDIC

Users can get paid in any of the cryptocurrencies available on the crypto exchange, or opt for direct deposit of US dollars on the platform.

Oasis Pro Markets is one of the few crypto trading institutions that has an Alternative Trading System License
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