United Texas Bank, a crypto-friendly bank, says it successfully switched its regulator through a charter conversion, despite being under a consent order. That means the Federal Reserve will no longer supervise it, and its enforcement order will be carried over to the OCC, which will decide whether to terminate the order later. The move will help it grow its business serving digital asset firms and foreign banks https://www.theinformation.com/briefings/crypto-friendly-united-texas-bank-switches-regulator-occ(Yueqi Yang)