The world’s largest crypto exchange Binance’s U.S.-based subsidiary Binance.US has lost its FDIC-insured status, the crypto exchange informed its customers in an email on Tuesday.
Category: FDIC
Bitcoin Price To Hit $35000 In First Republic-Led Second Wave Of Banking Crisis
Bitcoin price prepares a rally to $35,000 as another wave of the banking crisis will put additional pressure on the U.S. central bank Federal Reserve
US House Probes Potential Operation Choke Point To De-Bank Crypto
The U.S. House Financial Services Committee looking into potential coordinated efforts by the U.S. regulators to de-bank the crypto market by restricting banking services to
Elon Musk, Peter Schiff, Bill Ackman Warns US Fed and FDIC Ahead Of FOMC Rate Hike
The U.S. Federal Reserve, Treasury Department, and the FDIC are exploring a potential guarantee of all bank deposits in the U.S. It will make the
FDIC Delays SVB Bidding As Banking Crisis Continues, Bitcoin Price To $30K?
The Federal Deposit Insurance Corp (FDIC) on Monday said it is extending the bidding process for Silicon Valley Bank (SVB) to simplify the bidding process
Crypto Not A Scrapegoat For Regulators-Led Banking Crisis
Operation Choke Point 2.0 — the Biden Administration’s highly coordinated plan with regulators to strangle the crypto industry by cutting ties with the banking sector
JPMorgan Among Big Banks Bids To Acquire SVB, But There’s A Catch
SVB Financial Group, the parent of Silicon Valley Bank, is under acquisition talks after the failure of the Silicon Valley Bank caused chaos in the