Stablecoins won’t get any kind of deposit insurance under GENIUS rules, says FDIC chief

Policy, U.S. Federal Deposit Insurance Corp., Stablecoins, crypto legislation, Regulations, News The chairman of the U.S. Federal Deposit Insurance Corp. made clear that even pass-through deposit insurance won’t be allowed from third-party firms. The chairman of the U.S. Federal Deposit Insurance Corp. made clear that even pass-through deposit insurance won’t be allowed from third-party firms. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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