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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.

Updated Aug 8, 2024, 5:06 p.m. Published Aug 8, 2024, 5:03 p.m.
A Customers Bank poster at Consensus 2022.
The Federal Reserve targeted Customers Bank with an enforcement action focused on its interactions with crypto clients. (Shutterstock/CoinDesk)