Fed hits Texas bank with cease and desist over servicing crypto firms

The US Federal Reserve said it identified “significant deficiencies” in the bank’s dealings with crypto clients and its risk management procedures. source: https://cointelegraph.com/news/united-texas-bank-cease-and-desist-order-crypto-firms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound