Day September 5, 2024

The United States Federal Reserve has issued a cease and desist order to United Texas Bank, citing deficiencies in the bank’s risk management systems, particularly in its dealings with crypto clients.The order, dated September 4, 2024, follows an examination of…

The cryptocurrency market has been rocked by significant fluctuations, with Bitcoin ETF losses continuing to accumulate. On September 3, spot Bitcoin exchange-traded funds experienced their fifth consecutive day of outflows, totaling $287.8 million in negative flows. As the market grapples…