Court denies cryptocurrency bank Custodia an account with the Fed

Home / Court denies cryptocurrency bank Custodia an account with the Fed

A U.S. District Court has refused to grant cryptocurrency bank Custodia an account with the Federal Reserve (Fed).

The account facilitates financial institutions’ access to the Fed’s payment systems.

Specifically, without this account, Custodia will not be able to offer cryptoasset custody services.

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