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Lundemo.mstdn.social.ap.brid.gy
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2 days ago
I’ve read the FDIC website about cryptocurrency and still can’t figure out if it’s insured or not. I hope it’s not.
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nonparallelparker.bsky.social
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1 day ago
It's not, thankfully. FDIC actually has very specific regulations regarding what is or isn't insurable (checking, savings, money markets and CDs).
The SEC classified crypto as a security a little while back, which is a sensible ruling that caused a lot of headaches for crypto bros.
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The SEC classified crypto as a security a little while back, which is a sensible ruling that caused a lot of headaches for crypto bros.