The recently passed GENIUS Act of 2025 creates a new legal framework for licensing and regulating payment stablecoin issuers. The Act is explicit in stating that an insolvent payment stablecoin issuer ...
Rhino and Jetty, the two pioneers of security deposit insurance, announced their merger today, instantly creating the largest security deposit platform in the U.S. rental housing market. Terms of the ...
The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs: Senate Banking Committee Chairman Tim Scott (R-S.C.) today led a discussion on deposit ...
Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...
Sen. Bill Hagerty, R-Tenn. WASHINGTON — A new bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise the deposit insurance limit for some business accounts to $10 million, ...