U.S. Federal Reserve Hits Customers Bank With Enforcement Action Related to Crypto Services
09 Agosto 2024 - 3:00PM
The Daily Hodl
The governing body of the Federal Reserve System has issued an
enforcement action against Customers Bancorp, the parent company of
state-chartered Customers Bank known for doing business with crypto
exchange platforms and stablecoin issuers. The Federal Reserve
Board (FRB) says the Pennsylvania-based bank holding company and
its subsidiary have significant deficiencies in risk management
practices […]
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U.S. Federal Reserve Hits Customers Bank With Enforcement Action
Related to Crypto Services appeared first on The Daily Hodl.
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