The Daily Hodl
2022-08-01 16:55:46

Top US Regulator Tells Banks to Police Crypto Companies Over Misleading Deposit Insurance Claims

The Federal Deposit Insurance Corporation (FDIC) is telling banks to keep an eye on crypto companies and any potential deceptive deposit insurance claims. In a new advisory note, the FDIC says it’s concerned about the risks misleading deposit insurance claims pose to investors. According to the regulatory body, confusing representations of deposit insurance may lead […]The post Top US Regulator Tells Banks to Police Crypto Companies Over Misleading Deposit Insurance Claims appeared first on The Daily Hodl.

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