In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged to grant its application for a master account, a critical financial […]Finance, Crypto, Cryptocurrency, Custodia, Custodia Bank, Fed, Fed board, Federal Reserve Bank, legal, narrow bankingRead More

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