FDIC Finalizes Official Signs for Insured Institutions, Hinting at Crypto Companies
THE FDIC said THE last significant update of It is sign And announcement rules was In 2006, but he necessary has address concerns including “false statements of deposit insurance blanket. »
News
Join
We
on
social
networks
THE Federal Deposit Insurance Company (FDIC) of THE United States adopted A ruler governing THE to use of It is official panels And advertisement In A move that could affect THE public perception of certain crypto businesses.
In A Dec. 20 announcement, THE FDIC said It is advice of directors had finalized regulations clarify "FAKE advertisement, false statements of deposit insurance blanket, And abuse of THE FDIC name Or logo." Instead that It is gold And black sign introduced In THE 1930s, establishments insured by THE FDIC will be required has display A black And Marine blue sign on all websites And applications, brick and mortar bank Locations And certain ATMs departure In 2025.
Official
FDIC
sign
departure
In
2025.
Source:
FDICAccording to has THE FDIC, THE last significant update of It is sign And advertisement rules was In 2006. THE government Company clarified that THE update ruler aiming has address entities potentially misleading clients that their funds were FDIC insured.
"While THE ruler finalized Today is not it limit has THE crypto industry, abuse by crypto has has been crawling, force THE FDIC has take several Actions has stop he," said Dennis Kelleher, president And CEO And of non-profit organization Better Markets. " Investors were lead into error by Gemini Earn, FTX WE, Traveler Digital, And other crypto companies In believe their investments were FDIC assured. We applaud THE FDIC action has ...
THE FDIC said THE last significant update of It is sign And announcement rules was In 2006, but he necessary has address concerns including “false statements of deposit insurance blanket. »
News
Join
We
on
social
networks
THE Federal Deposit Insurance Company (FDIC) of THE United States adopted A ruler governing THE to use of It is official panels And advertisement In A move that could affect THE public perception of certain crypto businesses.
In A Dec. 20 announcement, THE FDIC said It is advice of directors had finalized regulations clarify "FAKE advertisement, false statements of deposit insurance blanket, And abuse of THE FDIC name Or logo." Instead that It is gold And black sign introduced In THE 1930s, establishments insured by THE FDIC will be required has display A black And Marine blue sign on all websites And applications, brick and mortar bank Locations And certain ATMs departure In 2025.
Official
FDIC
sign
departure
In
2025.
Source:
FDICAccording to has THE FDIC, THE last significant update of It is sign And advertisement rules was In 2006. THE government Company clarified that THE update ruler aiming has address entities potentially misleading clients that their funds were FDIC insured.
"While THE ruler finalized Today is not it limit has THE crypto industry, abuse by crypto has has been crawling, force THE FDIC has take several Actions has stop he," said Dennis Kelleher, president And CEO And of non-profit organization Better Markets. " Investors were lead into error by Gemini Earn, FTX WE, Traveler Digital, And other crypto companies In believe their investments were FDIC assured. We applaud THE FDIC action has ...
What's Your Reaction?
