-
US Fed Strikes at Crypto-Friendly Texas Bank with Warning.
Stricter Oversight Pushes Banks to Enhance Anti-Money Laundering Compliance The Federal Reserve recently took action against United Texas Bank in Dallas due to significant deficiencies in its anti-money laundering (AML) compliance related to crypto clients. This move underscores the growing scrutiny that crypto-friendly banks face from regulatory bodies. The cease-and-desist order issued to United Texas…
-
Multicoin Capital Gifts $1M to Support Crypto-Friendly Senate Hopefuls
A Bold Move to Influence U.S. Crypto Legislation Diving headfirst into the intersection of cryptocurrency and politics, a leading crypto investment firm has taken a decisive step to back pro-crypto senate candidates in the U.S. with a substantial donation. This isn’t just a monetary commitment; it’s a loud statement in favor of fostering a regulatory…
-
Multicoin Offers $1 Million Matching for Solana Support to Crypto-Friendly Candidates
Empowering Crypto-Friendly Political Change: A New Campaign Initiative In an innovative twist that underscores the ever-growing intersection of cryptocurrency and politics, a leading crypto investment firm has launched an ambitious campaign aimed at boosting support for politicians in the United States who are friendly to the cause of cryptocurrency. This marks a pivotal moment in…