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 ...

Kelly Anne has over six years of experience with reporting and editing in the personal finance space. Her work has been featured in national publications including Reader's Digest, CNBC and Forbes.

On March 10, 2023 the California Department of Financial Protection and Innovation ("CDFPI") closed Silicon Valley Bank ("SVB"), a California chartered, non-member bank. The CDFPI placed SVB into ...

Here's the quick answer: Yes, certificates of deposit (CDs) are considered safe. CDs from FDIC-insured banks are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per ...

Banks in the U.S. have plenty to celebrate these days, from record profits and higher stock prices to a strong economy and easier regulation. One thing they don’t need is an added discount on their ...

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 ...

Explore the ins and outs of direct deposit: how it operates, its main benefits, and potential downsides. Streamline your ...

House Financial Services Committee Chair Patrick McHenry, R-N.C., said Tuesday that it was "unlikely" that deposit insurance reform passes in the current Congress and that talks on deposit insurance ...