https://www.europesays.com/2139289/ Norfolk bank poised to revolutionize finance as cryptocurrency regulations evolve #crypto #CryptoCurrency #cryptocurrency #FDIC #FederalReserve #GeniusAct #NebraskaFinancialInnovationAct #norfolk #occ #PatrickGerhart #tablecoins #TelecoinBank
Administered by:
#FDIC
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https://www.europesays.com/uk/156139/ Calculated Risk: Wednesday: ADP Employment, ISM Services #AutoSales #BankFailure #Business #CalculatedRisk #CRE #economics #employment #fdic #Finance #GDP #HousePrices #Investment #jobs #PCE #RealEstate #ResidentialInvestment #UK #unemployment #UnitedKingdom
America's acting chair of the Office of the Comptroller of the Currency (#OCC) is officially opening the floodgates to american banks getting involved with money laundering - sorry, i mean "cryptocurrency".
X (formerly Twitter)OCC (@USOCC) on XOCC-regulated banks may buy and sell assets held in custody and are permitted to outsource bank-permissible crypto-asset activities, including custody and execution services. https://t.co/0ScQdgNaS6
https://www.europesays.com/2025671/ US Federal Reserve Announces Withdrawal of Guidance for Banks Concerning Crypto Activities #crypto #CryptoBanking #cryptocurrency #FDIC #FederalDepositInsuranceCorporation #FederalReserve #News #occ #OfficeOfTheComptrollerOfTheCurrency
EUROPE SAYS · US Federal Reserve Announces Withdrawal of Guidance for Banks Concerning Crypto Activities - EUROPE SAYSThe Federal Reserve is taking a major step back from monitoring banks’ crypto activities.
Via Marisa Kabas 
Trump has already made it clear FDIC is a target. An early February executive order aimed at giving the president more power over independent regulatory agencies included the #FDIC.
Public CitizenThe Trump Administration is Targeting the FDIC, Putting Americans’ Financial Wellbeing at Risk - Public CitizenPresident Trump’s twofold attack on the FDIC provides a new channel for President Trump and Elon Musk to enrich their friends on Wall Street.,
The Federal Deposit Insurance Corporation #FDIC is an independent agency created by the #Congress to maintain #stability and public confidence in the nation's #financial system. We have no more independent agencies. #DOGE invaded the #FDIC today and will be applying their atrocious #AI to plunder one of the last remaining secure #bank data and #statistics repositories. “The FDIC is a prudential #regulator, meaning for some banks it is the primary regulator enforcing all the capital requirements"
Replied to Kim Perales
@KimPerales anyone have any sense if this #fdic madness is impacting credit unions and the #NCUA ? Could credit unions be a relatively safe harbor from the banking crisis? Or are credit union deposits just as vulnerable?
I remain much against buying things in the US. I am NOT going on a pre #tariff spending spree. If anything we did a little of that before Biden left (got a fridge that was badly needed) and stocked up on some canned goods. But we are stopping that now! Time to bow out of this economy as much as can. If you have any savings, maybe buy some land so that they can't steal your money. Remember, Trump has threatened to end the #FDIC and you can probably imagine why! #trumpdepression #trumprecession
Banking Collapse: #FDIC: dismantling -underway:
Collapse of inst safeguards -procedural. Weakening of #FDIC oversight +mvt toward prv dig assets affect lg banks/crypto +YOU.
Your Savings:
Dereg -quietly transferring risk back onto depositors.
Access: Centralizing control under: TSY: fewer
s & bals. Decisions re your
-less transparent -more pol.
FIN options: Rapid dig/prv-mkt...
Consumer protections: Recent leg dismantling restrictions...
HOU instability...
#USPol https://criticalresistance.substack.com/p/banking-collapse-update-the-fdic
Critical Resistance · Banking Collapse Update: The FDIC Dismantling is Underway
https://www.europesays.com/1958134/ FDIC drops pre-approval for banks’ crypto activities #crypto #cryptocurrency #FDIC #RegulationAndCompliance #Regulation/Compliance #TrumpAdministration
https://www.europesays.com/1953072/ FDIC Axes Previous Rule, Gives Green Light to Banks To Conduct ‘Crypto-Related Activities’ Without Prior Approval #banks #crypto #cryptocurrency #FDIC #FederalDepositInsuranceCorporation #News
Continued thread
Dismantling the #FDIC is on the Trump admin's agenda.
That means if you're in the U.S. and your bank fucks up, your money is gone!!!
Replied in thread
It could be an inside job. The bankers invited the robber in. "we was robbed!".
Great interview on @CryptoCriticPod with a former SEC official about what went wrong w/crypto enforcement. My favourite quote:
> “Crypto is a machine where fraud and money laundering go in one side and campaign contributions come out the other end.”
He also makes an important point about how crypto scams functionally DDoS'ed America's regulators.
> "Having 15,000 nationally available non-compliant securities [that want to litigate every step of the way] issued [within such a short time span] is not something that’s ever happened before."
https://www.europesays.com/1900311/ Banks In Crypto: The OCC’s Quiet Game-Changer ##banking #banks #bitcoin #comptroller #crypto #cryptocurrency #FDIC #occ
Good clip going through #DOGE bro #MarcAndreessen's absurd lies regarding #debanking and the #CFPB as he attempts to convince #JoeRogan that financial regulation should be abolished.
lots of heinous details about the #CFPB's dropping of a huge number of cases against various kinds of financial scammers and predatory lenders etc. from #FintechBusinessWeekly, by far the best reporter on the CFPB beat who is often reporting on this stuff years before #WSJ or #NYT get around to noticing.
https://fintechbusinessweekly.substack.com/p/fast-and-furious-fdic-cfpb-reverse
Fintech Business Weekly · Fast & Furious: FDIC, CFPB Reverse Course In Numerous Cases
Continued thread
Trump is firing federal workers who are not funded by taxpayers
https://archive.is/Sg9Td#selection-1099.0-1099.63
"Elon Musk's #DOGE team has slashed hundreds of #jobs paid for by fees from banks, medical device companies and other forms of funding rather than taxpayer dollars, raising the question of whether the cuts will render hoped for savings...
"The #FDIC is funded through fees paid by banks, so cutting the FDIC's expenses does nothing to reduce the federal budget""