Browsing: Digital assets

Newsbytes FDIC adopts final rule on signage, deposit insurance misrepresentation

The FDIC board voted in favor of a final rule to modernize requirements regarding the display of the official FDIC sign in banks and bank digital channels, with an emphasis on ensuring consumers can easily differentiate between those products that are covered by deposit insurance and those that are not.

Newsbytes BIS: Central banks must address CBDC risks

For central bank digital currencies to be a reliable means of payment, central banks should address the risks of interruptions or disruptions and ensure integrity and confidentiality, according to a report by the Bank for International Settlements.

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