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Wednesday
Aug032022

What's New? Crypto Currency and the FDIC

DateWednesday, August 3, 2022 at 4:20PM by AuthorBanking Spectrum

To address certain misrepresentations about FDIC deposit insurance by some crypto companies, the FDIC is issuing an Advisory to FDIC-insured institutions Regarding Deposit Insurance and Dealings with Crypto Companies (FDIC Crypto Advisory).  Additionally, a Fact Sheet on What the Public Needs to Know About FDIC Deposit Insurance and Crypto Companies (Deposit Insurance Fact Sheet) is available. Read more in The Gold Book under Crypto Currency.

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