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Customers Bank
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.
Customers Bank Said to Debank Some Digital Asset Hedge Funds
The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.
Videos
Bitcoin Hits New All-Time High Above $68K As Ether Also Jumps to New Record
Customers Bank President and CEO Sam Sidhu discusses his crypto markets assessment as bitcoin broke $68,000 for the first time, and ether also set an all-time high past $4,800. “Crypto has become too big to ignore,” Sidhu said.
Another US Bank Joins the Small List Willing to Serve Crypto Companies
Customers Bank is working with blockchain payments provider Tassat to offer real-time tokenized dollar transfers in addition to accounts for crypto firms.
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