Deposits at non-bank entities, including crypto firms, are not insured — FDIC
Kasto El-sadat
Other
1 year ago
1 QCP
The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies.
https://cointelegraph.com/news/deposits-at-non-bank-entities-including-crypto-firms-are-not-insured-fdic
https://cointelegraph.com/news/deposits-at-non-bank-entities-including-crypto-firms-are-not-insured-fdic
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