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Fed orders United Texas Bank to halt crypto services over AML concerns

The Federal Reserve issued a cease and desist order to United Texas Bank (UTB) on Aug. 29, directing it to stop offering crypto services. The order follows an examination concluded by the Federal Reserve Bank of Dallas and the Texas Department of Banking in May 2023, which identified alleged deficiencies in the bank’s corporate governance, […] The post Fed orders United Texas Bank to halt crypto services over AML concerns appeared first on CryptoSlate. дальше »

2024-9-6 22:15


Texas Banking Department says Chartered Banks are Allowed to Provide Virtual Currency Custody Services

“Texas leads the way,” said Texas Blockchain Council as it noted that the Texas Department of Banking has issued a notice saying that chartered banks in the state may provide customers with virtual currency custody services, as long as they have adequate protocols in place to effectively manage risks. дальше »

2021-6-12 18:08


New Research Claims Bitcoin Price was Manipulated using Tether (USDT)

New research out of the University of Texas alleges that the price of Bitcoin throughout its bull run in 2017 was being manipulated using Bitfinex’s Tether currency. Tether May Have Been Used to Prop Up Bitcoin A recently published paper by Professor John Griffin and graduate student Amin Shams examined the traffic of cryptocurrencies on. дальше »

2018-6-14 12:00