FDIC clarifies non-bank entities and crypto firms not covered by insurance  

The Federal Deposit Insurance Corporation (FDIC) recently issued an advisory that clarified the scope of its insurance. The agency stressed that while it insures deposits held in insured banks, the coverage does not include deposits or investments held by non-bank entities including crypto firms.

https://tokenpost.com/FDIC-clarifies-non-bank-entities-and-crypto-firms-not-covered-by-insurance-9711