CDIC

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Amidst Fluctuating Bitcoin Prices, CDIC Leaves Digital Currencies Exposed

The Canada Deposit Insurance Corporation (the “CDIC”), a federal Crown corporation offering deposit insurance for eligible deposits, issued a reminder last week that it does not offer protection for private digital currencies...more

FDIC and Canada’s Deposit Insurance Corporation Sign Memorandum of Understanding

On June 12, the Federal Deposit Insurance Corporation (FDIC) announced the signing of a memorandum of understanding (MOU) with the Canada Deposit Insurance Corporation (CDIC) that “formalizes and strengthens cross-border...more

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