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Nalezeno "Crypto Banks": 42

Federal Reserve Cracks Down on Customers Bank’s Crypto Strategy


The U.S. Federal Reserve has taken decisive action against Customers Bank, highlighting significant compliance deficiencies in its digital asset strategy and instant payments network. The enforcement action mandates the bank to bolster its Anti-Money Laundering (AML) protocols and limit risks...

Lloyds Bank Issues ‘Urgent Warning’ on Rising Threat of Crypto Scams


Lloyds Bank, a major retail and commercial bank in the U.K., has issued an “urgent warning” about the growing threat of cryptocurrency scams. “Crypto is a highly risky asset class and remains largely unregulated, which makes it an attractive area for fraudsters to exploit....

German Banking Giant DZ Bank Launches Crypto Custody Platform


One of the largest banks in Germany by total assets, DZ Bank, has launched a crypto custody platform. Additionally, the bank disclosed that alongside its solution for institutional customers, it is working on “an offer that allows private customers to invest directly...

The UK Has Created Crypto Banking Problems


U.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act

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