FTX US among 5 companies to receive cease and desist letters from FDIC Post author:MiamiCrypto Post published:August 19, 2022 Post category:Banks / Insurance / United States The government agency had previously stated that deposits at non-bank entities, including crypto firms, are not covered by FDIC insurance. You Might Also Like Nexo acquires stake in US chartered bank September 27, 2022 U.S. Bank Announces Bitcoin Custody Service October 5, 2021 Bitcoin (BTC) Price Remains Stable as November CPI Numbers Align with Forecasts December 12, 2023