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Farms.com Home  › News

Hemp Industry Cleared By U.S. Regulators To Work With Banks

Dec 05, 2019

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Federal and state bank regulators announced Tuesday that they were scrapping a burdensome requirement that banks said kept them away from the hemp business, The New York Times reports. Banks will no longer have to treat their hemp customers as suspicious and file reams of paperwork to anti-money-laundering authorities for each interaction.
 
 
 
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