Arkansas is powered by the small business community. We’re home to more than 280,000 small businesses, which represent 99.3 percent of all businesses in our state. They’re an essential part of keeping ...
Rep. Lynch questioned the Fed on digital assets and stablecoin definitions. The GENIUS Act lets the Fed create rules for digital asset activities. The FDIC is expected to release guidelines for ...
The U.S. Federal Deposit Insurance Corporation (FDIC) presented a detailed overview of its ongoing supervisory reforms and its progress on stablecoin regulation during a House Financial Services ...
Signed into law in July by former President Donald Trump, the GENIUS Act sets regulatory standards for stablecoin issuers across multiple agencies. The FDIC’s responsibilities include establishing ...
The U.S. FDIC will release its first draft rules for stablecoin issuers under the GENIUS Act by the end of the month. The guidelines will define the process for stablecoin issuers to apply for federal ...
The acting chief of the U.S. Federal Deposit Insurance Corp. said the banking regulator expects to start proposing rules for stablecoin issuers before the close of December, according to testimony ...
The FDIC has approved new rules easing leverage requirements for banks, allowing them to set aside less capital for low-risk assets. This policy shift reduces capital for large banks but has drawn ...
The U.S. Federal Deposit Insurance Corporation (FDIC) issued a final rule to change the leverage capital requirements for both large and community banks. The agency said the modification will ”reduce ...
Net income at US banks rose more than 13% in the third quarter as money in the bedrock deposit insurance fund ticked higher and the number of problem banks went down, according to the Federal Deposit ...
The Federal Deposit Insurance Corp. just realized its latest quarterly bank profile, covering the third quarter, and the most up-to-date number on unrealized bank losses was $337 billion. That sounds ...
FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...