The U.S. Federal Deposit Insurance Corporation (FDIC) issued a consent order to crypto-friendly bank Cross River Bank for "unsafe or unsound banking practices." Cross River Bank is a venture-backed New Jersey-area bank that does business with major crypto companies like Coinbase and Circle. Consent orders are an informal procedure commonly used by U.S. federal agencies to handle cases. Cross River Bank engaged in unsafe or unsound banking practices by failing to establish and maintain interna...