US government watchdog urges FDIC coordinate on crypto oversight
The US Government Accountability Office says that regulators, including the FDIC, lack an "ongoing coordination mechanism for addressing blockchain risks."


Glideslope AI-powered market news
No market stories in the last 7 days. The latest coverage is below.

No scored stories in the last 7 days.
| Day | Mood | Stories |
|---|---|---|
| Sun, Oct 11 | — | 0 |
| Sat, Oct 10 | — | 0 |
| Fri, Oct 9 | — | 0 |
| Thu, Oct 8 | — | 0 |
| Wed, Oct 7 | — | 0 |
| Tue, Oct 6 | — | 0 |
| Mon, Oct 5 | — | 0 |
| Sun, Oct 4 | — | 0 |
The US Government Accountability Office says that regulators, including the FDIC, lack an "ongoing coordination mechanism for addressing blockchain risks."

The US Government Accountability Office says that regulators, including the FDIC, lack an "ongoing coordination mechanism for addressing blockchain risks."

A proposed plan by the agency would ban "pass-through insurance" for stablecoins by third parties in addition to the FDIC not insuring deposits under the law.

Trump wants to lower credit card rates. What does former FDIC Chair Sheila Bair think of his plan?

FDIC acting chair Travis Hill will inform the House Financial Services Committee that the regulator plans to propose how it will apply the GENIUS Act this mont…

. . The Federal Deposit Insurance Corporation (FDIC) said in a March 28 letter that institutions under its oversight, including banks, can now engage in crypto…

. . The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the "reputational risk" c…

. At least 30 tech and crypto founders were reportedly "secretly debanked†in the US during Operation Chokepoint 2.0..

President Trump's sweeping cuts to the federal government are also threatening a key banking watchdog.
After years of struggles with the Biden administration, crypto executives have allies across Washington, and now have a platform to voice their complaints.

In a letter sent to Inspector General Jennifer Fain, Sen. Elizabeth Warren said the FDIC should evaluate whether the decision to rescind more than 200 job offe…

FDIC Vice Chairman Travis Hill is set to become acting chairman at the start of the next administration, and he's critical of the FDIC's digital assets stance.
The move follows an earlier Wall Street Journal investigation that revealed a toxic and sexualized workplace culture at the bank regulator.
The Trump transition team has been busy examining ways to consolidate, shrink or even outright eliminate banking regulators in Washington, DC.

Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE