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The Federal Reserve requires Customers Bancorp to give 30 days' notice before entering into any new banking relationship with crypto companies

According to the content of the 13-page enforcement action document filed by the Federal Reserve against Customers Bancorp, the agency requires 30 days' notice before any new banking relationship with crypto companies, which has caused dissatisfaction in the crypto community. Gemini co-founder Tyler Winklevoss said that Customers Bancorp is one of the few banks in the United States that is friendly to cryptocurrencies, and the Federal Reserve is now controlling the access of cryptocurrency compa...

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2024-08-10 23:49:04