In an enforcement action filed Thursday
the Federal Reserve Board of United States said it found "significant deficiencies" in risk management and anti-money laundering law compliance with Customers Bancorp Inc (CUBI.N). The bank, which serves digital asset customers, agreed to submit a written plan to the Federal Reserve to strengthen "board oversight" of its anti-money laundering requirements and sanctions-related rules. Under the agreement, the bank also agreed to submit a plan to improve risk management practices for its "digit...
In an enforcement action filed Thursday
the Federal Reserve Board of United States said it found "significant deficiencies" in risk management and anti-money laundering law compliance with Customers Bancorp Inc (CUBI.N). The bank, which serves digital asset customers, agreed to submit a written plan to the Federal Reserve to strengthen "board oversight" of its anti-money laundering requirements and sanctions-related rules. Under the agreement, the bank also agreed to submit a plan to improve risk management practices for its "digit...
So many people have lost their SOL in this 2-day memecoin cycle
So many people have lost their SOL in this 2-day memecoin cycle
So many people have lost their SOL in this 2-day memecoin cycle
So many people have lost their SOL in this 2-day memecoin cycle
