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Category FDIC

US regulators accused of deliberately strangling economy, banks down 84%, public companies tank 25%

US regulators accused of deliberately strangling economy, banks down 84%, public companies tank 25%

Economists, investors, and banking executives are blaming US financial regulators for allegedly “choking” economic productivity through excessive o...
Cincinnati’s Fifth Third Bank expands crypto push as US rules take shape

Cincinnati’s Fifth Third Bank expands crypto push as US rules take shape

Fifth Third Bank plans to expand its cryptocurrency services as US regulations become clearer.
Federal Reserve’s Withdrawal of Crypto Guidance ‘Just Lip Service,’ Says Senator Cynthia Lummis – Here’s Why

Federal Reserve’s Withdrawal of Crypto Guidance ‘Just Lip Service,’ Says Senator Cynthia Lummis – Here’s Why

Republican Senator Cynthia Lummis of Wyoming says that the Federal Reserve withdrawing its crypto guidelines for banking institutions is just “lip ...
Senator Cynthia Lummis swears to hold the Fed accountable until crypto gets more than a ‘life jacket’

Senator Cynthia Lummis swears to hold the Fed accountable until crypto gets more than a ‘life jacket’

Senator Cynthia Lummis, the SBR evangelist, has said that she will continue to hold the Fed accountable until crypto is fully supported. This is in...
US Federal Reserve Announces Withdrawal of Guidance for Banks Concerning Crypto Activities

US Federal Reserve Announces Withdrawal of Guidance for Banks Concerning Crypto Activities

The Federal Reserve is taking a major step back from monitoring banks’ crypto activities. In a new press release, the regulator says it is withdraw...