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Is crypto FDIC insured?Know that crypto deposits are not FDIC insured, period. If something happens, the government may not have an obligation to step in and help get. The FDIC is concerned that some customers of crypto companies, such as crypto custodians, exchanges, brokers, wallet providers, and neobanks may. Cryptocurrency is not legal tender and is not backed by the government. Coinbase is not an FDIC-insured bank and cryptocurrency is not insured or guaranteed.
