fdic

🚨 BREAKING: The #FDIC permits banks to participate in crypto-related activities without prior approval, provided that risks are adequately managed.

#FDIC says :
#Bank can be involved in
activity #Crypto without
#persetujuan previously

👩‍Senator Lummis Exposes FDIC’s Alleged Destruction of Key Documents Related to 'Operation Chokepoint 2.0'
 
Wyoming Senator Cynthia Lummis recently sent a formal letter to Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg, expressing concerns about the potential destruction of documents related to digital asset activities within the FDIC.
 
Lummis revealed that a whistleblower contacted her office, accusing the FDIC of destroying relevant documents. She believes this action is illegal and has requested the retention of all records related to cryptocurrency activities since January 2022.
 
In her letter, Lummis disclosed that the whistleblower has been under close surveillance by FDIC management and has faced threats of legal action to prevent communication with her office. She condemned such behavior by the FDIC, stating it attempts to conceal materials related to 'Operation Chokepoint 2.0', which is unacceptable and illegal. This operation is alleged to be aimed at preventing the cryptocurrency industry from accessing traditional banking services.
 
Last year, the cryptocurrency industry expressed concerns about how regulators were handling cryptocurrency-related banking operations. During a meeting in August, several industry representatives discussed these issues with White House officials. Although Deputy Secretary of the Treasury Wally Adeyemo denied any attempts to block cryptocurrency from entering the financial system, nearly all attendees reported experiencing limited banking services due to White House policies.

As a result, Lummis instructed the FDIC to retain all documents related to digital asset activities from January 1, 2022, covering communications with specific banks, correspondence regarding cryptocurrency enforcement actions, and records of coordination on digital asset policies with other government agencies.
 
Lummis clearly stated in her letter that she would spare no effort in pursuing criminal responsibility for any deliberate destruction of documents or obstruction of oversight. She firmly emphasized the indispensable nature of transparency and committed to uncovering the facts and disclosing the truth for the American people.

💬 Do you think Lummis's accusations against the FDIC are justified? Will the cryptocurrency industry see a new turning point as a result?
 
#FDIC #加密货币监管 #透明度与监督

FDIC EXPLODES INTO CRYPTO! 🤯

Tokenized Insurance COMING SOON!

This changes EVERYTHING.

Institutions are flooding in.

Don't get left behind.

This is your EARLY ALERT.

The future of finance is NOW.

Trade these moves before the FOMO wave hits.

#CryptoNews #FDIC #Tokenization #DigitalAssets 🚀

Breaking: #FDIC Set to Release First U.S. Stablecoin Rules Under GENIUS Act This Month

The U.S. FDIC will publish its first-ever draft guidelines for stablecoin issuers under the GENIUS Act, marking a major step toward federal oversight of the stablecoin industry.

Key Points

• FDIC will deliver its initial proposal to the House Financial Services Committee this month

• Rules will outline how stablecoin issuers can apply for federal supervision

• Additional standards on capital, liquidity, and reserves will come early next year

• Regulators are also preparing separate guidance for tokenized deposits

What’s Coming

FDIC Acting Chair Travis Hill confirmed that the draft will kick off the U.S. framework for supervising stablecoin issuers. The GENIUS Act—passed earlier this year splits oversight across multiple federal and state agencies.

The release will trigger a public comment period, followed by phased implementation to give issuers time to meet compliance requirements.

Other agencies, including the Treasury, Federal Reserve, and #CFTC , are also working on their own GENIUS Act mandates, from stablecoin capital rules to tokenized collateral in derivatives markets.

🚨 BIG MOVE FOR STABLECOINS IN THE U.S. 🇺🇸💥

The FDIC has officially stepped into the stablecoin era.

For the first time ever, the FDIC has approved a formal application process for institutions looking to issue payment stablecoins — all under its regulatory oversight.

Why this matters 👇

• This is the first rule-making action after the passage of the GENIUS Act (U.S. Stablecoin Innovation Act)

• It signals clearer rules, not a ban

• Stablecoins are being treated as financial infrastructure, not experiments

• A 60-day public comment window is now open — shaping the future of U.S. crypto policy

🔑 Translation for traders & investors:

Regulatory clarity = institutional confidence

Institutional confidence = capital inflows

Capital inflows = long-term growth for crypto markets

Stablecoins aren’t going away — they’re being formalized.

This could be a turning point for:

💵 USD-backed stablecoins

🏦 TradFi + crypto integration

📈 On-chain payments at scale

Watch this space closely. The next phase of crypto adoption is being written right now.

#Stablecoins #CryptoRegulation #FDIC #mmszcryptominingcommunity #CryptoAdoption

$USDC

🇺🇸 REGULATIONS ON THE FIRST STABLECOIN OF THE UNITED STATES UNDER LAW #GENIUS

The proposal of #FDIC opens the consultation period lasting 60 days and specifies how banks can issue #stablecoin through subsidiaries
$BTC
$ETH
$SOL

FDIC Moves Forward With Stablecoin Rules Under GENIUS Act

The US Federal Deposit Insurance Corporation has proposed new rules to create a formal application framework for stablecoin issuance, marking another step toward implementing the GENIUS Act. The FDIC Board of Directors has approved a proposed rulemaking notice that outlines how agencies can apply to issue payment stablecoins through subsidiaries, and the agency is now inviting public feedback on the proposal.

According to FDIC officials, applications will need to clearly explain the scope of planned activities, detail the subsidiary’s ownership and control structure, and include an engagement letter with a registered public accounting firm. FDIC legal counsel Nicholas Simons said the goal of the proposed rule is to allow the agency to evaluate the safety and resilience of stablecoin operations while keeping regulatory burdens manageable for applicants.

The GENIUS Act, signed into law by President Trump this summer, establishes a federal regulatory framework for stablecoins. Earlier this month, FDIC Acting Chairman Travis Hill told lawmakers that an implementation framework for the law would be released in the coming weeks. He also noted that the FDIC plans to propose additional rules in the months ahead covering capital, liquidity, and risk management standards for approved stablecoin-issuing subsidiaries.

#FDIC #Stablecoins #GENIUSAct #CryptoRegulation #cryptofirst21

The Senate will vote to confirm Mr. Michael Selig as Chairman #CFTC and Mr. Travis Hill as Chairman #FDIC as part of the group of candidates nominated at 7:30 PM EST today, according to Eleanor Terrett
$BTC
$ETH
$SOL

🚨🇺🇸 BREAKING: U.S. Just Flipped the Crypto Regulatory Chessboard – Is This the Moment Institutions Have Been Waiting For? ♟️💥

Big moves in U.S. crypto regulation! ⚖️💎

❓ Could we finally be entering a new era of clear crypto rules?

Here’s what just happened:

🏛️ U.S. Senate confirms Mike Selig (CFTC) & Travis Hill (FDIC) – both signal pro-crypto vibes.

⚙️ CFTC shakeup – Selig now sole commissioner after resignations, term through 2029. Crypto is officially on the radar.

🏦 FDIC Chairman Hill – open to crypto banking, criticized past account shutdowns, expected to oversee stablecoin issuers.

Why this matters for the market:

💧 Stablecoin plumbing + derivatives clarity = potential liquidity inflows.

⚖️ Stronger CFTC role = fewer regulatory turf wars.

🤝 Bridges forming between traditional banks & crypto rails.

Political signals:

Part of a 100-person Trump admin package, passed 53–43, bipartisan push for expanded CFTC authority over crypto trading.

Industry reactions:

Coinbase policy chief: Selig brings “fairness and clarity”

Market sentiment: structured regulation could finally be coming

💥 Could 2026 be the year the U.S. finally delivers a structured crypto rulebook, or is another political disappointment around the corner?

#CryptoNews #USGovernment #CFTC #FDIC #Bitcoin #Ethereum #XRP #CryptoRegulation

Big news out of Washington today 👀🇺🇸

The U.S. Senate just confirmed new leadership at two major financial regulators in a 53–43 vote, and it could actually matter for crypto this time.

• Mike Selig is now confirmed as CFTC Chair he’s widely seen as pro-crypto and open to clearer rules instead of constant enforcement.
• Travis Hill has been elevated to FDIC Chair he’s been outspoken against crypto debanking and supports fair access to banking for crypto companies.

This was all confirmed in an en-bloc vote under S. Res. 532, according to the Senate Cloakroom.

Why people in crypto care: Clearer rules, better banking access and maybe finally less regulatory whiplash.

It’s not a guarantee of smooth sailing but it’s a step in a direction the industry’s been asking for.

Let’s see how it plays out. 🚀

#Crypto #Bitcoin #CryptoRegulation #CFTC #FDIC

🚨 Crypto Just Got a HUGE Signal! 🚀

The U.S. crypto landscape is bracing for a potential turning point. Key nominations backed by President Trump have been confirmed at the CFTC and FDIC – and the implications are massive.

For years, the industry has battled regulatory uncertainty. Now, a shift towards clearer rules and a more pragmatic approach seems possible. This isn’t just about new faces; it’s an ideological realignment recognizing crypto as a strategic sector for innovation and global competitiveness. 💡

Expect the CFTC to focus on crypto derivatives and DeFi, potentially establishing clearer boundaries and compliance frameworks. The FDIC appointment could ease pressure on banks offering crypto services, reopening vital on-ramps to the traditional financial system. 🏦

While legislative hurdles remain, this change in leadership signals a move away from hostility and towards structured engagement. Institutional investors are watching closely – regulatory clarity is often the final piece of the puzzle. This could unlock deeper integration, expanded financial products, and renewed confidence in the U.S. as a crypto hub.

It’s a new chapter, not the end of the story, but the tone has undeniably shifted. $BTC and the broader market are taking notice.

#CryptoRegulation #CFTC #FDIC #Innovation 📈

The U.S. Senate has just passed the cloture resolution with a vote of 52-47, confirming the nomination of Trump's CFTC Chairman Mike Selig and FDIC Chairman Travis Hill! One of these big shots is a veteran of crypto derivatives, and the other is a promoter of digital assets in banking. Once confirmed, will there be a major change in crypto regulation?

#CFTC #FDIC #TRUMP

The supervision of the #stablecoins is the last domino piece. The framework of the #FDIC means that only networks designed for settlement with compliance grade will survive.

And guess what?

#XRP is one of the few that already meets the requirements. Regulatory alignment = liquidity. 💼⚡ $XRP

​📉 $337 Billion: The Hidden Weight on the U.S. Banking Balance Sheet

​The latest FDIC data is out, and it reveals a massive—yet improving—number that every investor should be watching.

​U.S. banks are currently sitting on $337.1 Billion in unrealized losses on their investment securities. While that sounds like a staggering figure, there is more to the story than just the headline.

​🔍 What’s Happening?

​When interest rates rose rapidly starting in 2022, the market value of "safe" bonds held by banks plummeted. This created a massive gap between what the banks paid for these bonds and what they are worth today.

​The Peak: At one point, these "paper losses" neared $700 billion.

​The Progress: The current $337B is actually a 14.7% improvement over the last quarter—the lowest level we've seen since early 2022.

​The Breakdown: The majority ($222B) sits in Held-to-Maturity (HTM) accounts, meaning banks intend to wait it out until the bonds pay back in full.

​⚖️ Why This Matters

​These losses are "unrealized," meaning they only exist on paper unless a bank is forced to sell them to raise cash (liquidity).

​The Good News: Higher valuations on these securities provide banks with more "financial breathing room" and better capital ratios.

​The Risk: A sudden need for liquidity—like a spike in deposit withdrawals—could force a bank to turn these "paper losses" into "real losses."
​
​The "paper loss" crisis that shook the banking sector in 2023 is steadily thawing as interest rates stabilize. However, with $337 billion still on the books, the industry isn't out of the woods just yet.

#FDIC
#BalanceSheet
#BinanceBlockchainWeek

$LUNC $USTC $MORPHO

Midday News Update #Web3

📊 Wintermute OTC and derivatives trading surged over 300% in 2024, driven by institutional demand and deeper liquidity. Memecoin OTC trading grew 210%, reflecting rising institutional interest.

🪙 #stablecoin market cap surpasses $210B, hitting a new all-time high with a 1.81% increase in the past week. $USDC saw a 5.43% rise, reaching $48.2B.

🏛 The #FDIC is accused of withholding key crypto-related "pause letters" in a Coinbase-backed FOIA lawsuit, with allegations of 150 missing documents linked to "Operation Chokepoint 2.0."

🔄 Institutional investors are shifting from Nvidia to crypto ETFs, with Millennium and Capula cutting #NVDA holdings and boosting BlackRock's IBIT Bitcoin ETF by millions of shares.

🎁 $MIRA's largest holder transferred 52.3M tokens to #TRUMP , with another 100M locked in the DAO treasury pending a vote. 10% of locked tokens will be burned to support rare disease research.

#DanielNadem

Whoa, massive update just dropped for crypto and banking—the FDIC rolled out a new framework under the GENIUS Act that finally lets U.S. banks issue payment stablecoins. They laid out clear rules for regulated bank subsidiaries to jump into the digital dollar game. This screams stronger adoption, way more trust, and huge institutional confidence in Web3 finance. As the old-school system starts embracing blockchain, coins built for fast cross-border stuff like $XRP and $XLM are getting serious looks. XLM sitting at 0.2161 right now. If you’re already holding, this could be a solid time to add more and get ready for what’s coming. 🚀 #FDIC #usbanking