FDIC chief says stablecoins will not qualify for deposit insurance under the GENIUS Act, including pass-through coverage.

FDIC is seeking to ban stablecoin deposit insurance under the GENIUS Act and has invited public comments on pass-through coverage rules.

FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users without the protections given to traditional bank deposits.

Federal Deposit Insurance Corp. Chair Travis Hill said in a speech Wednesday morning that the agency will move to codify stablecoins as ineligible for deposit insurance — which is required under the ...

How many CDs can you have at one bank? Most banks don’t limit the number, but FDIC insurance only covers up to $250K per depositor. Learn more.

If the beaten-down stock market has got you seeking a haven for your cash, there's some good news. The financial-system bailout legislation enacted last month boosted limits on federal insurance for ...

Automated sweeps into high-yield accounts enable fintechs to offer better returns and enhanced insurance for their customers, with Bluevine leading the way as a pilot client Galileo facilitates the ...