Cryptopolitan
2023-03-21 11:21:16

Banking crisis on the horizon? U.S. move to expand deposit insurance

The United States is reportedly considering expanding the scope of deposit insurance to guarantee all bank deposits in the event of a worsening banking crisis. According to Bloomberg, the U.S. Treasury Department is currently discussing the possibility of expanding deposit insurance beyond the current cap of $250,000. Is the move necessary? While no formal decision … Banking crisis on the horizon? U.S. move to expand deposit insurance Read More »

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