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Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients

Customers Bank has agreed to tackle the regulator's concerns that it's strayed from proper compliance with its digital assets clients.

Von Jesse Hamilton|Bearbeitet von Nick Baker
Aktualisiert 8. Aug. 2024, 5:06 p.m. Veröffentlicht 8. Aug. 2024, 5:03 p.m. Übersetzt von KI
A Customers Bank poster at Consensus 2022.
The Federal Reserve targeted Customers Bank with an enforcement action focused on its interactions with crypto clients. (Shutterstock/CoinDesk)