News

Court Dismisses Custodia Bank’s Challenge Against Federal Reserve

Court Dismisses Custodia Bank’s Challenge Against Federal Reserve



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 […]



Source: https://news.bitcoin.com/court-dismisses-custodia-banks-challenge-against-federal-reserve/

Leave a Reply

Your email address will not be published. Required fields are marked *