Catenaa, Wednesday, January 1, 2025 – The Federal Deposit Insurance Corporation (FDIC) and BlackRock Inc. are on a collision course over new regulatory compliance measures for large stakeholders in US banks. The FDIC has set a January 10 deadline for BlackRock, the world’s largest asset manager, to accept new oversight terms whenever it owns more […]

Catenaa, Wednesday, April 02, 2025-The Federal Deposit Insurance Corporation (FDIC) on Friday reversed its previous stance on digital assets, announcing that financial institutions can engage in crypto-related activities without prior approval from the agency.  The FDIC said it is rescinding earlier guidance that required supervised institutions to notify the agency before engaging in cryptocurrency activities. […]

Catenaa, Thursday, March 27, 2028-Robinhood is expanding its financial services with the launch of Robinhood Banking, a fully digital checking and savings platform offering a 4% annual percentage yield (APY) and FDIC insurance up to $2.5 million.  Set to roll out this fall, the service will be available to Robinhood Gold subscribers. It will integrate […]