United Texas Bank

News

A Federal Reserve building with a backdrop of digital cryptocurrency icons and a compliance checklist to represent the regulatory scrutiny on crypto-friendly banks.

US Fed Goes Fater Texas Bank for AML Issues

By Olivier Acuña | TH3FUS3 Chief Editor

The Federal Reserve has issued a cease-and-desist order to United Texas Bank in Dallas for significant AML deficiencies related to crypto clients. The bank has agreed to submit a five-part action plan within 90 days to achieve compliance.

September 5, 2024 10:59 AM

All results loaded

We use cookies

This website uses cookies in order to enhance the overall user experience.

Customize

Essential cookies

There are some cookies that we have to include in order for certain web pages to function. For this reason, they do not require your consent.

thefuse_cookie_consent

1 year 1 month 1 day

Used to store the user's cookie consent preferences.
thefuse_session

2 hours

Used to identify the user's browsing session.
XSRF-TOKEN

2 hours

Used to secure both the user and our website against cross-site request forgery attacks.

More details

Analytics cookies

We use these for internal research on how we can improve the service we provide for all our users. These cookies assess how you interact with our website.

_ga

2 years 2 months 2 days

Main cookie used by Google Analytics, enables a service to distinguish one visitor from another.
_ga_RK6HXR36ET

2 years 2 months 2 days

Used by Google Analytics to persist session state.
_gid

1 day

Used by Google Analytics to identify the user.
_gat

1 minute

Used by Google Analytics to throttle the request rate.

More details