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Cryptocurrency Cointelegraph

FDIC acting chair says no crypto firms or tokens are backed by agency

Martin Gruenberg answered affirmatively to Senator Bob Menendez that there were “no cryptocurrency firms backed by the FDIC” and its coverage did not include crypto “of any kind.”

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FDIC acting chair says no crypto firms or tokens are backed by agency

Martin Gruenberg answered affirmatively to Senator Bob Menendez that there were “no cryptocurrency firms backed by the FDIC” and its coverage did not include crypto “of any kind.”

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

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