In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both ...

The US Senate on Thursday confirmed Michael Selig as chairman of the CFTC and Travis Hill as chairman of the FDIC.

The US Senate on Thursday night confirmed Michael Selig as chairman of the Commodity Futures Trading Commission and Travis ...

The FDIC approved the bank's application on Dec 16. It still requires final approval from the Office of the Comptroller of ...

FDIC propose draft rules under the GENIUS Act, allowing U.S. banks to apply to issue dollar-backed stablecoins under a ...

The banking regulator began its formal rulemaking process to set up the procedures by which depository institutions can start ...

The proposed bank, backed by billionaire investor Peter Thiel, received conditional approval from the OCC in October.

The Federal Deposit Insurance Corp. has proposed a formal framework allowing regulated banks to apply to issue payment stablecoins under the US GENIUS Act. The ...

Erebor Bank's deposit insurance application has been approved by the Board of Directors of the Federal Deposit Insurance ...

The FDIC approved the very first proposal that sets the rules for how banks file applications to issue payment stablecoins ...

The FDIC rules signal that stablecoin issuers will not be allowed to operate anonymously or with opaque leadership, in an ...