The U.S. Federal Reserve is hitting a Texas bank with a crypto-related cease and desist order, alleging that it violated several national laws. According to recent court documents, the Federal Reserve found that United Texas Bank had “significant deficiencies” in its corporate oversight, governance, and anti-money laundering (AML) protocols after launching an investigation into the The post U.S. Federal Reserve Slaps Texas Bank With Cease-and-Desist Order Related to Crypto Services appeared first on The Daily Hodl .
The Daily Hodl
You can visit the page to read the article.
Source: The Daily Hodl
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
MicroStrategy Accumulates 1.17% of Total Bitcoin Supply
MicroStrategy Holds 1.17% of Total Bitcoin Supply MicroStrategy, a prominent business intelligence firm with a strong focus on Bitcoin development, has amassed approximately 245,000 Bitcoin (BTC), representing 1.17% of the total Bitcoin supply of 21 million. This notable accumulation was reported by Ecoinometrics on X (formerly Twitter), highlighting MicroStrategy’s continued commitment to increasing its Bitcoin The Daily Hodl
Democratic Senators Urge Swift 75 Bps Fed Rate Cut to Prevent Economic Downturn
The Federal Reserve is under political pressure regarding its upcoming decision on interest rates. Democratic senators are pushing for a significant rate cut to mitigate economic downturn risks. Senators argue The Daily Hodl