On Monday, the White House announced that Martin Gruenberg, the interim director of FDIC, will be appointed as the organization’s chairman for a second term. Gruenberg – A Consistent Supporter of Financial Regulations Gruenberg has been a consistent supporter of stricter financial regulations, even though his view on cryptocurrencies hasn’t been completely developed. Gruenberg has served on the FDIC board for a record 17 years after serving for Democrats on the Senate Banking Committee. In a presentation on cryptocurrency in October, he claimed that stablecoins have a significant impact on the financial system and that American regulators must ensure their The post White House to Nominate Gruenberg for New Term as FDIC Chairman appeared first on Cryptoknowmics-Crypto News and Media Platform .