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US FDIC Said to Be Studying Deposit Insurance for Stablecoins
Summary: The Federal Deposit Insurance Corp. (FDIC), a key U.S. banking regulator, is studying whether certain stablecoins might be eligible for its coverage, five people familiar with the agency’s thinking said. The discussions are preliminary, and it’s not clear what the timetable would be for making any policy decisions or how such changes would be communicated. ...
The Federal Deposit Insurance Corp. (FDIC), a key U.S. banking regulator, is studying whether certain stablecoins might be eligible for its coverage, five people familiar with the agency’s thinking said. The discussions are preliminary, and it’s not clear what the timetable would be for making any policy decisions or how such changes would be communicated. The FDIC is also looking at what regular, direct deposit insurance might look like for banks that want to issue stablecoins, people familiar with the discussions said.
By Amy Liu
Tags: Deposit Insurance,FDIC,Stablecoins
Link: US FDIC Said to Be Studying Deposit Insurance for Stablecoins [Copy]
