Breaking: FDIC Bars Stablecoin Deposit Insurance Under New GENIUS Act
WASHINGTON, D.C. — March 19, 2026: In a definitive move that reshapes the United States digital asset sector, Federal Deposit Insurance Corporation (FDIC) Chair Travis Hill explicitly stated that payment stablecoins will not receive federal deposit insurance under the recently enacted regulatory framework. Hill delivered this critical clarification during prepared remarks at the American Bankers […]
