#customersbank — Public Fediverse posts

Is US Fed and SEC Centralizing Crypto Custody? ETF Issuers At Risk - The US Federal Reserve has been going after several crypto-friendly banks looking ... - https://coingape.com/is-us-fed-and-sec-centralizing-crypto-custody-etf-issuers-at-risk/ #24/7cryptocurrencynews #cryptocustodysolutions #usfederalreserve #regulationnews #cryptocustody #customersbank #coinbase #ussec

Tyler Winklevoss Warns Operation Chokepoint 2.0 Remains in Full Swing - Tyler Winklevoss, co-founder of U.S.-based exchange Gemini and VC firm Winklevoss ... - https://news.bitcoin.com/tyler-winklevoss-warns-operation-chokepoint-2-0-remains-in-full-swing/ #operationchokepoint2.0 #cameronwinklevoss #tylerwinklevoss #federalreserve #customersbank #gemini #news

Harris campaign’s alleged crypto reset questioned amid Fed's bank action - Critics argue that the Fed’s actions represent a significant overreach a... - https://cointelegraph.com/news/fed-action-customers-bank-harris-crypto-reset #bankingregulation #charleshoskinson #tylerwinklevoss #federalreserve #harriscampaign #cryptoindustry #cryptocurrency #fedenforcement #customersbank #cryptoreset

Federal Reserve Cracks Down on Customers Bank’s Crypto Strategy - The U.S. Federal Reserve has taken decisive action against Customers Bank, highlig... - https://news.bitcoin.com/federal-reserve-cracks-down-on-customers-banks-crypto-strategy/ #federalreserve #cryptobanking #customersbank #cryptobanks #newsbytes-5 #newsbytes

Fed’s Operation Choke Point 2.0 Intact Amid Action on Customers Bank - Amid the recent enforcement action by the US Federal Reserve on crypto-friendly Customers... - https://coingape.com/fed-operation-choke-point-2-0-intact-amid-action-on-customers-bank/ #24/7cryptocurrencynews #operationchokepoint #winklevosstwins #federalreserve #customersbank #kamalaharris #caitlinlong

Customers Bank to strengthen AML compliance after Fed scrutiny - The crypto-friendly bank’s activities during the 2023 banking crisis wil... - https://cointelegraph.com/news/customers-bancorp-fed-enforcement-aml-compliance #enforcementaction #customersbancorp #ofacregulations #federalreserve #customersbank #amlcompliance #cryptobanking #fedinspection #cbitservice #bsa

Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients - Customers Bank, which has done business with several of the most prominent crypto firms, ... - https://www.coindesk.com/policy/2024/08/08/crypto-friendly-bank-ordered-by-fed-to-limit-risks-from-digital-asset-clients/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #moneylaundering #federalreserve #customersbank #regulations #enforcement #policy #news

Customers Bank Said to Debank Some Digital Asset Hedge Funds - The move is not a widespread debanking of hedge-fund clients, but rather the offboarding ... - https://www.coindesk.com/business/2024/06/07/customers-bank-said-to-debank-some-digital-asset-hedge-funds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #customersbank #exclusive #finance #banking #crypto #news

Crypto Industry Turns to Customers Bank as Preferred Partner Amidst Collapse of Silvergate, Signature - The US crypto industry has a new favorite banking partner, a small Pennsylvania-based cal... - https://cryptonews.com/news/crypto-industry-turns-customers-bank-as-preferred-partner-amidst-collapse-of-silvergate-signature.htm #silvergatecapital #customersbank #signaturebank #financenews #crypto #sec

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#CustomersBank AKA #CUBI is on a mission to relive the Savings & Loan crisis of the 1980s... They're trying to keep their deposit base high enough to stay solvent by hiking the interest rates they pay but that means ballooning costs.

Worth noting that #CUBI is one of the last #crypto friendly banks in the United States... basically a mini-me of #SignatureBank / #SBNY. Will meet the same fate.

(h/t this guy https://twitter.com/RhoRider/status/1644410263083401216)