Cross River Bank Under FDIC Lens for ‘Unsafe’ Crypto Practices: Are Your Assets Secure?
Banking for cryptocurrencies has come into the spotlight, following the recent scrutiny faced by Cross River Bank (CRB) from the Federal Deposit Insurance Corporation (FDIC) over alleged unsafe practices. The bank, known for being crypto-friendly, has established partnerships with the likes of Circle, non-fungible token (NFT) platform Blockdaemon, and more recently the stablecoin provider Gemini. […]