With a quarter of FDIC enforcement actions targeting sponsor banks in 2024 and Synapse's high-profile collapse revealing serious risks, embedded ...

On Nov. 19, 2024, the Federal Deposit Insurance Corp. issued a notice of assessment finding that between December 2018 and August 2020, CBW Bank — ...

The Federal Deposit Insurance Corporation (FDIC) is under fire after Senator ... inter-agency communications about digital assets, and enforcement actions. Lummis also demanded the preservation ...

This week, Congress is busy holding hearings on Debanking and other nefarious actions taken by federal ... the Federal Deposit Insurance Corporation (FDIC) released 175 documents related to ...

The time is ripe for Congress and the president to shrink the Federal Deposit Insurance Corp.'s board of directors back down ...

On December 27, 2024, the Federal Deposit Insurance Corporation (FDIC) announced a notice of assessment of a civil money penalty against a Kansas-based bank. The action, originally brought in ...

In that speech, Hill criticized the FDIC and other banking regulators for issuing enforcement actions against banks engaged in relationships with fintech vendors and the de facto prohibition against ...

Lummis noted that such actions are illegal and unacceptable and the agency should ensure that FDIC staff stop the destruction of all materials related to the agency's crypto activities.

"Their actions are reflective of outgoing FDIC leadership that is not interested in the truth," Izurieta's lawyers said. Lawyers for the other defendants did not immediately respond to requests ...

Crypto markets react to debanking scrutiny, with Bitcoin declining amid rising political and regulatory tensions.