Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application

A federal judge ruled that Custodia Bank, a Wyoming special-purpose depository institution, isn’t entitled to membership in the Federal Reserve or to a Fed master account.

Source: https://www.coindesk.com/policy/2024/03/29/custodia-bank-loses-lawsuit-challenging-fed-rejection-of-master-account-application/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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