FDIC

The Federal Deposit Insurance Corporation (FDIC) is a U.S. federal agency created by Congress in 1933 (the Glass-Steagall Act) to insure deposits held in bank accounts. The FDIC covers all banks that are members of the Federal Reserve System and other credit institutions.

Finance 2025-02-07 5 min read

FDIC’s Policy Shift – A Game Changer for Crypto & Banking

The FDIC has taken a groundbreaking step towards integrating traditional banking with the digital asset industry. In a significant policy change, the FDIC is reportedly revising its guidelines, making it easier for banks to engage withвЂ¦

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