What's New? Crypto Currency and the FDIC
Wednesday, August 3, 2022 at 4:20PM
Banking Spectrum in Digital Banking, FDIC, What's New

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.

Article originally appeared on Banking Spectrum (https://www.bankingspectrum.com/).
See website for complete article licensing information.