WASHINGTON — Federal Deposit Insurance Corp. Chair Travis Hill on Wednesday said that payment stablecoins will likely not qualify for pass-through deposit insurance in remarks that spanned the ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Travis Hill, chairman of the Federal Deposit Insurance Corporation (FDIC), held a Board ...
The chairman of the U.S. Federal Deposit Insurance Corp. outline a proposed rule his agency is planning to issue that he said will clarify that "pass-through" deposit insurance won't be allowed to be ...
A proposed plan by the agency would ban “pass-through insurance“ for stablecoins by third parties in addition to the FDIC not insuring deposits under the law. Travis Hill, chair of the US Federal ...
On March 11, FDIC Chairman Travis Hill spoke at a banking industry summit, where he outlined a forthcoming proposal that would clarify that payment stablecoins subject to the GENIUS Act (covered by ...