Capitol Account

Share this post
FDIC Emerges as Crypto's Latest Foe in Washington
www.capitolaccountdc.com

FDIC Emerges as Crypto's Latest Foe in Washington

Also, voters to decide today if crypto insider gets Republican nomination in New York congressional race; Federal report says it's hard to pin 2020 Treasury volatility on hedge funds

Aug 23, 2022
1
Share this post
FDIC Emerges as Crypto's Latest Foe in Washington
www.capitolaccountdc.com

The FDIC got lots of attention last week for demanding that five companies – including major token trading platform FTX – stop making misleading statements that assets parked at crypto exchanges are backstopped by the federal government. The orders, agency insiders say, can also be seen as an indication that the bank regulator is stepping up its game on…

Keep reading with a 7-day free trial

Subscribe to Capitol Account to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2023 Capitol Account
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing