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Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued  Bitcoin.com 15 Jun 2024

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued 

Evolve Bank & Trust faces a cease and desist order from the Federal Reserve and Arkansas State Bank Department over compliance breaches, notably in anti-money laundering and consumer protection, especially regarding fintech and crypto dealings.

Source: news.bitcoin.com ↗