FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users ...

FDIC chief says stablecoins will not qualify for deposit insurance under the GENIUS Act, including pass-through coverage.

Federal Deposit Insurance Corp. Chair Travis Hill said in a speech Wednesday morning that the agency will move to codify stablecoins as ineligible for deposit insurance — which is required under the ...

The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...

FDIC is seeking to ban stablecoin deposit insurance under the GENIUS Act and has invited public comments on pass-through coverage rules.

The Federal Deposit Insurance Corp.'s Board of Directors Tuesday issued a proposed rule for public comment that would revise how banks must display FDIC signage on digital interfaces and ATMs where ...