Inspector General wants FDIC to refine crypto risk assessment process, guidance By Cointelegraph
[ad_1] The Inspector General’s Office (OIG) of the Federal Deposit Insurance Corporation (FDIC), the independent United States government body that provides deposit insurance to commercial...
Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse By Cointelegraph
[ad_1] Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to United...