The Federal Deposit Insurance Corp. rolled back a 2009 policy that banned nonbanks from buying failed banks, a move the agency says it aims to widen the bidder pool and cut failure costs.
Federal Deposit Insurance Corp. Chair Travis Hill said in remarks Wednesday that privacy and know-your-customer gaps remain ...
FDIC Chair Travis Hill is proposing that stablecoins should not get any form of insurance as the regulator moves to implement ...
Stablecoin yield legislation is days from a deal, and the outcome decides if crypto can legally compete with banks or gets cut out entirely.
FDIC Chair Travis Hill said that the agency has been ”hard at work on rulemakings” to implement the stablecoin payments bill, the GENIUS Act, signed into law in July 2025.
Payment stablecoin holders won’t be eligible for federal deposit insurance even if their assets are held at insured banks, the federal regulator charged with overseeing the bank backstop said.
FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users ...
Payment stablecoins subject to the Genius Act are not eligible for pass-through insurance, FDIC Chairman Travis Hill says.
President Donald Trump is accusing banks of trying to derail his administration’s push for crypto reform after negotiations ...