The cryptocurrency exchange may be looking to become more mainstream Coinbase is exploring the possibility of applying for a US federal bank charter, according to a spokesperson for the company. While no official decision has been made, the crypto exchange confirmed to Cointelegraph that the idea is under active consideration. The potential move aligns with
The bank has yet to conform to previous orders the Fed gave it to improve its operations The US Federal Reserve has issued a cease-and-desist order to the crypto-friendly United Texas Bank, citing issues with the bank’s risk management systems, particularly in relation to its crypto clients. This order from yesterday follows a May examination
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