FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users without the protections given to traditional bank deposits.

On March 11, FDIC Chairman Travis Hill spoke at a banking industry summit, where he outlined a forthcoming proposal that would clarify that ...

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 ...

Most certificates of deposit (CDs) are insured by the Federal Deposit Insurance Corporation (FDIC) if they’re issued by a member bank. That means your money is protected up to $250,000 per depositor, ...

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 ...