Court Dismisses Custodia Bank’s Challenge Against Federal Reserve By Bitcoin-india-News - bitcoinindiannews

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Monday, April 1, 2024

Court Dismisses Custodia Bank’s Challenge Against Federal Reserve By Bitcoin-india-News

Court Dismisses Custodia Bank's Challenge Against Federal ReserveIn 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 […]

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