07-31-2022, 05:25 PM
Deposits at non-bank entities, including crypto firms, are not insured — FDIC
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvZmExZmMwYzUtMzlhMS00NGIwLWIwODQtODM0NjhjMmQ3MTNlLmpwZw==.jpg"></p><p>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.</p>
https://cointelegraph.com/news/deposits-...sured-fdic
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvZmExZmMwYzUtMzlhMS00NGIwLWIwODQtODM0NjhjMmQ3MTNlLmpwZw==.jpg"></p><p>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.</p>
https://cointelegraph.com/news/deposits-...sured-fdic