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

Customers Bank, which has done business with several of the most prominent crypto firms, has been called out by the U.S. Federal Reserve for inadequately policing illicit activity, particularly with digital asset clients. source: https://www.coindesk.com/policy/2024/08/08/crypto-friendly-bank-ordered-by-fed-to-limit-risks-from-digital-asset-clients/?utm_medium=referral&utm_source=rss&utm_campaign=headlines