South State Correspondent

MARCH 15, 2023

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. Look for more formal education teaching bankers how to talk to customers about FDIC insurance, bank safety, and liquidity concerns.

social media 195

social media FDIC Branding Management 195

PYMNTS

DECEMBER 7, 2020

Companies that seek to issue stablecoins will have to get approval from the Fed, the FDIC and other regulators at least six months prior to launch. The Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure that would underpin digital dollar issuance.

Regulation 192

Regulation United States Cleveland cryptocurrency 192

PYMNTS

MARCH 2, 2018

Power usage in Quebec had been very stable until recently — and flat — such that the city was generating past its need and considered selling its power to the state of Massachusetts, a move which would allow the state to deliver on its goal of bringing more green power sources, while Quebec would get a revenue bump. Mom ‘n pop to sell out?

Bitcoin 104

Bitcoin cryptocurrency Taxes Community 104