Four U.S. financial regulators have proposed new third-party risk guidelines that would let banks and credit unions tailor oversight to each outside relationship while replacing existing guidance. Proposed bank guidelines favor risk-based oversight The Federal Reserve, Federal Deposit Insurance Corporation,…
The fintech says it still needs FDIC, Federal Reserve and final OCC clearances before a planned 2027 launch offering insured deposits, credit and crypto access.
The Defiant•The Defiant Team3 Sept
Revolut filed with the OCC and FDIC on March 4 to establish Revolut Bank US, an insured national bank that would take deposits, issue credit cards, make loans, and connect directly to Fedwire and ACH. Nearly six months later, that application remains pending, while federal regulators have spent the same stretch conditionally approving or converting […]
CryptoSlate•Gino Matos3 Sept
A federal judge ruled the FDIC is not liable for a $1.71 billion claim from SVB Financial Trust, holding former executives accountable for the
CryptoBriefing•Editorial Team31 Aug
OCC bank charter approvals, some tied to crypto firms, have increased during Trump's second term.
AMBCrypto•Benjamin Njiri28 Aug
Tioga-Franklin Savings Bank was closed by regulators on August 21, 2026, with all deposits and most assets assumed by Second Federal Savings and Loan Association of Philadelphia.
The Daily Hodl•Daily Hodl Agent28 Aug
The new rule enhances regulatory clarity, potentially reducing arbitrary enforcement and fostering a more predictable banking environment.
CryptoBriefing•Editorial Team27 Aug
US banks' rising profits and lending signal economic resilience, but growing unrealized losses highlight ongoing interest rate challenges.
CryptoBriefing•Editorial Team25 Aug
Brent Kovar told at least 400 investors a supercomputer was mining crypto for them, and that their money was insured by the FDIC.
Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts, or mortgages. Circle National Trust is part of a new federal cohort built around custody, fiduciary administration, stablecoin reserves, and settlement. Ripple, BitGo, Fidelity Digital Assets, Paxos, Bridge, Crypto.com, Coinbase, Morgan Stanley and World Liberty Financial have […]
CryptoSlate•Andjela Radmilac23 Aug
The court's decision may set a precedent for shareholder lawsuits in future bank failures, impacting legal strategies and investor protections.
CryptoBriefing•Editorial Team19 Aug
The coordinated regulatory efforts could significantly reshape the stablecoin landscape, enhancing compliance and consumer protection standards.
CryptoBriefing•Editorial Team19 Aug
Elon Musk’s X Money left its invite-only testing phase on July 27, rolling out nationwide to U.S. Premium and Premium+ subscribers. The expansion pairs a Visa-branded debit card with up to $10 million in Federal Deposit Insurance Corporation (FDIC)-linked coverage. Beta Days Are Over X, the social platform formerly known as Twitter, first opened X […]
Bitcoin.com News•Shiraz Jagati28 Jul
The banking-as-a-service provider will power X Money’s peer-to-peer payments, FDIC-insured accounts and Visa debit cards as the platform expands its financial services.
Cointelegraph•Cointelegraph by Nate Kostar27 Jul
Upstart Holdings receives conditional OCC approval for Upstart Bank, the first nationally chartered bank built on AI underwriting. FDIC and Fed
CryptoBriefing•Editorial Team24 JulCoinbase has scored another legal victory in its push for government transparency after reaching a Freedom of Information Act (FOIA) settlement with the U.S. Securities and Exchange Commission (SEC).
U.Today•Alex Dovbnya22 Jul
Pass-through FDIC insurance protects fintech balances but not stablecoins. What the FDIC said, why holders are creditors, and what protects them.
Crypto's only bailout ran through an FDIC override aimed at banks. How the systemic risk exception worked in 2023 and why it may not repeat.
US regulators have abruptly shut down a bank in Kansas in the fourth bank failure of 2026. The Federal Deposit Insurance Corporation (FDIC) says the Kansas Office of the State Bank Commissioner has closed Small Business Bank. The FDIC has been appointed as the receiver and has entered into a purchase and assumption agreement with […]
The Daily Hodl•Daily Hodl Staff19 Jul
A US regulator has barred a Texas banker from working in the industry after she embezzled more than $100,000 from her employer. The Federal Deposit Insurance Corporation (FDIC) says Cynthia M. Renfro pleaded guilty to misappropriating about $141,674 while working as a personal banker at First State Bank of Brownsboro. The regulator says that Renfro […]
The Daily Hodl•Henry Kanapi6 Jul
