Browsing: FDIC

Legal and Regulatory

FDIC orders OKCoin to correct misleading insurance claims

June 16, 2023

The U.S. Federal Deposit Insurance Corp. (FDIC) has issued a cease and desist letter to OKCoin, warning the exchange about…

Legal and Regulatory

FDIC Chair Says Signature Bank Failed To Understand the Risks of Doing Business With Crypto Industry

May 21, 2023

The head of the U.S. Federal Deposit Insurance Corporation (FDIC) says that Signature Bank (SBNY) failed to grasp the risks…